Nickel

Bloomberg reports the Micex Index climbed 0.5 percent to 1,438.91 yesterday.

Bloomberg reports the Micex Index  climbed 0.5 percent to 1,438.91 yesterday.

The market news is quoted as saying,

OAO GMK Norilsk Nickel (GMKN RX): Russia will link the export duty on copper to the market price of the metal, according to an e-mailed statement from the government press service late yesterday. Norilsk, Russia’s second-largest copper producer by output in 2010, fell 1.9 percent to 6,480 rubles.

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