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Fri Sep 17, 2004 Nickel Buoyed By Strong Fundamentals Another surge in nickel prices above US$15,000 per tonne in early July was too significant to escape action. |
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Thu Jul 15, 2004 Nickel Price Soars as Warehouse Stocks Dwindle Asian steel demand is driving LME nickel warehouse inventories to new 5-year lows and correspondingly pushing prices near recent 5-year highs of over US$17,000/ton. China's Minmetals Nonferrous Metals Co. recently reported bid for Noranda strongly supports the Asian appetite for metals, and reinforces China's official policy of seeking new sources of raw material supply. |
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