Nickel

Bloomberg reported the Micex Index dropped for the second day since European policy makers failed to introduce a plan to relieve regional debt.

Bloomberg reported the Micex Index dropped for the second day since European policy makers failed to introduce a plan to relieve regional debt.

The market news is quoted as saying,

OAO GMK Norilsk Nickel fell for a second day as nickel lost 1.5 percent to $21,199 a metric ton and copper, which the company also produces, dropped 4 percent to $8,344.25 a ton.

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