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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