Stainless Steel Premium Nickel Hits 11 Year High in Europe

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  • 11 Jan '18 at 3:13 pm #14435
    ThePitBoss
    Participant

    The premium for Nickel full plate cathodes hit…

    [article]498[/article]

    12 Jan '18 at 8:07 pm #14436
    MoneyNeverSleeps
    Participant

    Thanks for the breakdown saw that Nickel prices on the Shanghai Futures Exchange fell during Asian trading on Friday, in line with the weaker prices seen on the LME overnight, after prices had run too high too soon with overhead tail on yesterday’s candlestick suggests the run higher in prices encountered overhead selling. Ran to new high at $13200 and reversed.

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