LME nickel price hits highest in 2 years to USD 28000 a tonne – Steel Guru
Posted: February 9th, 2011 | Author: Rod Sherkin | Filed under: Metals, Stainless Steel, Steel, Uncategorized | No Comments »
Market analysts believe the price of stainless steel will jump up sharply due to rising cost on raw materials.
It is reported that the nickel price has broken USD 28,000 per tonne on the LME to reach the highest record in the past two years after Chinese Lunar New Year.
Market analysts believe the price of stainless steel will jump up sharply due to rising cost on raw materials.
via Steel Guru : LME nickel price hits highest in 2 years to USD 28000 a tonne – 190094 – 2011-02-09.
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- Steel Guru: Stainless steel buyers tend to hold orders on down nickel prices
- Nickel Pig Iron Output in China May Jump, Capping LME Price
- Stainless Steel prices to fall as Nickel drops – MEPS
- MEPS FORECASTS A DOUBLE DIGIT GLOBAL STAINLESS STEEL PRICE HIKE IN 2011
- Carbon steel price news from MEPS
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