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Aperam Sees Nickel Average $24,000-25,000 Next Year

Investing News Network
Sep. 08, 2011 11:50AM PST
Base Metals Investing

Reuters Africa reported Aperam (AMS:APAM) expects the price of nickel to be above $20,000 per tonne by the end of the year.

Reuters Africa reported Aperam (AMS:APAM) expects the price of nickel to be above $20,000 per tonne by the end of the year.

Aperam’s Head of Purchasing Carl Landuydt says,

I think we would not be surprised if nickel prices average between 24 and 25 (thousand dollars per tonne) next year. It will probably be above 20 (thousand) by end of this year.

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