Oversupply weighs on nickel premiums

Aug 15, 2013 | 03:56 PM | Daniel Fitzgerald

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

NEW YORK — Spot nickel trading activity in the United States remained muted by oversupply over the past week.

AMM’s melting-grade nickel premium held steady in a range of 15 to 25 cents per pound, while plating-grade premiums remain at 50 to 60 cents per pound.....

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