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North American Spot Market for Refined Nickel Units Still Tight
Apr. 25, 2014 09:22AM PST
Base Metals Investing
AMM reported yesterday that the North American spot market for refined nickel units is still tight because a “lack of available flowable material and long-term supply concerns” are pushing premiums up.
AMM reported yesterday that the North American spot market for refined nickel units is still tight because a “lack of available flowable material and long-term supply concerns” are pushing premiums up.
As quoted in the market news:
AMM’s melting-grade premiums held steady at 28 to 35 cents per pound this week while the premiums for plating-grade material also were flat at 60 to 70 cents per pound, with most recorded business within those ranges.