• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    market news

    Nickel Surplus Keeping Prices Low

    Charlotte McLeod
    Jul. 18, 2013 11:08AM PST
    Base Metals Investing

    American Metal Market reported that the wide availability of nickel and stainless scrap is keeping prices low and nickel spot trading light.

    American Metal Market reported that the wide availability of nickel and stainless scrap is keeping prices low and nickel spot trading light.

    As quoted in the market news:

    Melting-grade nickel premiums are steady in a range of 15 to 25 cents per pound, while plating-grade premium remain at 50 to 60 cents per pound.

    The London Metal Exchange three-month nickel contract closed the official session July 17 at $13,950 per tonne ($6.33 per pound), up 2.5 percent from $13,605 per tonne ($6.17 per pound) July 5. The contract recently dipped toward the $6-per-pound mark, closing the July 9 official session at $13,245 per tonne ($6.01 per pound), although traders said it had failed to spur a boost in spot purchasing.

    Click here to read the full American Metal Market report.

    nickel spotmarket news
    The Conversation (0)

    Go Deeper

    AI Powered
    Seesaw diagram with "demand" outweighing "supply" on a chalkboard.

    Nickel Price Update: Q2 2025 in Review

    Nickel tubes.

    Nickel Price 2024 Year-End Review

    Latest News

    Canadian Investment Regulatory Organization Trade Resumption - ILC

    Acquisition of Option to Buy Lepidico's Interest in Karibib Lithium, Rubidium and Cesium Project in Namibia

    Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals

    Heritage Mining Confirms Broad Zone of Gold Mineralization within a Mega-Quartz Vein System

    Auking Completes A$5m Riverfort Facility

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×