Nickel scrap softens on slack demand
May 09, 2012 | 01:30 PM
| Thorsten Schier
NEW YORK Nickel scrap prices have softened amid a combination of lackluster demand and falling primary nickel prices on the London Metal Exchange.
"Theres just no marginal demand out there. Mills projections are good. Say a mill said they would use three truckloads a month, theyre actually using three truckloads. Its that fourth truckload that makes the extra demand and moves prices," one dealer said.....
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