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Nickel: Major Market Developments in September

Investing News Network
Oct. 17, 2011 02:13PM PST
Base Metals Investing

Reuters Africa reported nickel prices recorded heavy losses in September, but have since steadied.

Reuters Africa reported nickel prices recorded heavy losses in September, but have since steadied.

As quoted in the market news,

Many analysts expect high cost Chinese nickel in pig iron (NPI) producers to respond quickly to further price falls. Their average costs are put at $17,000-18,000 a tonne.

Click here to read the full Reuters Africa report.

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