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Lehman Moment

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SPECIALTY STEEL PRICES HIT 9-YEAR LOW

  NEGOTIATOR’S TAKE:¬† High-strength steel components for construction and other machinery should cost less than before.   Sluggish demand for construction materials TOKYO — Specialty steel prices have fallen to their lowest in nine years due to sluggish demand for

NICKEL TRADING LIKE IT’S 2008

NEGOTIATOR’S TAKE: ¬†Looks like Nickel prices may stay low for a long time to come, making Stainless Steel components more economically viable than in the past.   On the London Metal Exchange (LME), benchmark nickel for three-month delivery is currently