Melting-grade nickel premiums hold steady

Apr 25, 2013 | 01:44 PM | Daniel Fitzgerald

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

NEW YORK — Melting-grade nickel premiums are steady in a range of 15 to 25 cents per pound, with one producer reporting that low official nickel pricing has enticed some smaller consumers to the spot market.
The London Metal Exchange’s three-month nickel contract closed the official session at $15,230 per tonne ($6.91 per pound) April 25, down 5.1 percent from $16,055 per tonne ($7.28 per pound) April 11. ....

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