Nickel premiums up on supply, weather

Feb 13, 2014 | 05:36 PM | Rey Mashayekhi

Tags  nickel, nickel premiums, London Metal Exchange, LME, nickel cathodes, nickel briquettes, nickel granules, Rey Mashayekhi

NEW YORK — Melting-grade nickel spot premiums continue to rise, industry participants said, with sources citing tightness in flowable material available and logistical challenges brought about by the severe winter weather.

AMM’s melting-grade premium rose to 23 to 30 cents per pound Feb. 12 from 20 to 25 cents previously, while plating-grade premiums held steady at 60 to 70 cents per pound.....

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