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Nickel Drops as Weaker Data Drive Speculation Recovery May Falter
Jun. 02, 2011 06:48AM PST
Base Metals Investing Bloomberg reports nickel declined in London for a second straight day as concern grows that global economic recovery and manufacturing are slowing.
Bloomberg reports nickel declined in London for a second straight day as concern grows that global economic recovery and manufacturing are slowing.
The market news is quoted as saying,
Aluminum in London lost as much as 1.4 percent to $2,630 a ton and nickel dropped as much as 1.5 percent to $22,900 a ton. Zinc dropped 0.8 percent to $2,239 a ton, lead lost 1.3 percent to $2,469 a ton and tin declined 1.1 percent to $27,300 a ton.