Nickel Falls to Lowest in 4-Year Low

Reuters reported that nickel prices have reached its lowest in four years at $15,092 per ton.

As quoted in the market news:

Nickel prices have come under pressure from limp stainless steel demand, which has pushed LME inventories to record highs , and toppled prices to their lowest in almost 4-year low at $15,092 a tonne earlier. The metal later recovered to close at $15,300 a tonne from $15,165.

Click here to read the full Reuters report.