“Solutions for specialty alloy piping requirements"
Nickel - Monel® - Inconel® - Incoloy® - Hastelloy® - Alloy 20 - Duplex
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“Solutions for specialty alloy piping requirements"
Nickel - Monel® - Inconel® - Incoloy® - Hastelloy® - Alloy 20 - Duplex
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| Nickel Watch Information listed below is courtesy of The Stainless Steel News.
03-11-2010 Dow Jones reports three month nickel ended the day at $9.66lb. Dow Jones) India's nickel imports in 2010-11 are likely to rise 12.5% on year to 45,000 metric tons on the back of an increase in demand for nickel-coated stainless steel, a senior industry executive said Thursday. "Around 75%-80% of the nickel imported in the country is utilized by the stainless steel industry. With the Indian stainless steel industry growing at 8%-10% annually, the demand is bound to rise," said N.C. Mathur, president of the Indian Stainless Steel Development Association. (Dow Jones) U.S. nickel exports fell 8.0% in January from the previous month, but was up 252.1% from the previous year, the Commerce Department reported Thursday. Nickel Production Heating Up - Nickel prices touched a peak of $22,765 per ton for spot delivery on the London Metal Exchange last week, before correcting 5.8% this week. - more (MF) Japan’s stainless steel mills are increasing their production capacity to 80 percent due to improved demands. London Metal Exchange inventory figures/changes - (for today's figures see MF Global report above) Today's almost official prices here / Yesterday's actual LME official prices here or here (chart) 03-10-2010 Dow Jones reports three month nickel ended the day at $9.76lb. Nickel’s ‘Roll Over’ Signals More Declines: Technical Analysis - Nickel’s “momentum roll over” after prices fell from a 20-month high last week signals further declines, according to technical analysis by Barclays Capital. - more London Metal Exchange inventory figures/changes - (for today's figures see MF Global report above) Today's almost official prices here / Yesterday's actual LME official prices here or here (chart) 03-09-2010 Dow Jones reports three month nickel ended at $10.09lb. (SBB) Barclays forecasts 9-12% demand growth for zinc & nickel. Nickel firms could restart at $25,000/T-Norilsk - Nickel producers worldwide are likely to restart idled capacity when the price of the metal reaches $23,000-25,000 a ton for a sustained period, an official from the world's largest producer said on Tuesday. - more Future nickel supply dependent on success of high pressure acid leach - The future of a number of new nickel projects hinges on the ability of operators to successfully implement the third generation of the High Pressure Acid Leach (HPAL) process, T.D. Newcrest metals analysts Greg Barnes told a large audience of mining professionals and analysts Sunday - more London Metal Exchange inventory figures/changes - (for today's figures see MF Global report above) Today's almost official prices here / Yesterday's actual LME official prices here or here (chart) Every effort is made to provide factual information. Multiple sources are used for obtaining this information and there is no guarantee of its accuracy
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