Nickel premiums slack on low demand

Apr 11, 2013 | 05:05 PM | Daniel Fitzgerald

Tags  nickel premiums, melting-grade nickel, plating-grade nickel, nickel demand, nickel, nickel prices, London Metal Exchange, LME three-month nickel

NEW YORK — Melting-grade nickel premiums continue to languish in the 15- to 25-cent-per-pound range, with market participants reporting slack demand in the spot market.

Premiums dropped to a 10-year low at the end of March on the back of lackluster demand and domestic oversupply (, March 28), and have yet to recover, sources said.....

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