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Base Metals: Nickel Hits Three Year Low

Investing News Network
Jul. 23, 2012 11:35AM PST
Base Metals Investing

Reuters reported on base metals trading Monday as nickel hit its lowest point since June 2009.

Reuters reported on base metals trading Monday as nickel hit its lowest point since June 2009.

As quoted in the market news:

In other metals traded, LME nickel dipped as far as $15,450, its lowest since July 2009, dragged down by the euro zone worries as well as weak global demand for its most important downstream product, stainless steel. It ended at $15,600 from Friday’s close of $15,950.

Click here to read the full Reuters report.

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