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    market news

    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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