Nickel premiums stay low as buyers sit out
Jan 31, 2013 | 11:42 AM
| Suzy Waite
Tags
nickel premiums,
melting-grade nickel,
Xstrata Nickel,
Sudbury,
nickel,
Xstrata,
Daniel Fitzgerald
NEW YORK — Spot melting-grade nickel premiums have remained at lows unseen in nearly a decade, with most consumers continuing to have their production needs met by contract business, market sources say.
Melting-grade premiums were unchanged in a range of 18 to 25 cents per pound Jan.30, while plating-grade was steady in a range of 50 to 60 cents per pound. ....
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