Demand for nickel has grown at a fast pace over the last decade. According to the International Nickel Study Group (INSG), Lisbon, Portugal, global demand for nickel in 2000 stood at 1.1 million ...
The London Metal Exchange’s suspension of nickel trading after soaring prices left brokers facing huge margin calls has also upended the market for a key industrial commodity. Nickel is a key ...
The Stainless Steel Monthly Metals Index (MMI) skyrocketed this month, increasing by seven points. The current reading stands at 84. The index inched higher driven by the increase in stainless steel ...
The nickel market has shifted from deficit to surplus affecting global stainless steel prices. The disparity between global supply and inventories of refined nickel is due to the boom in Indonesia, ...
Modern Industries (WA) in West ern Australia is a business that lives up to its name. Modern recently completed a major contract for BHP Billiton’s Ravensthorpe Nickel Project using new generation ...
Nickel prices experienced a strong downtrend, reaching their lowest since April 2021, resulting in a roughly 45% drop year-to-date. The Stainless Monthly Metals Index fell by 6.59% from November to ...
The surge in stainless steel comes after nickel prices spiked 90% to an all-time high in the previous session and extended gains on Tuesday. Russia supplies around 10% nickel to the world. The ...
The Stainless Steel Monthly Metals Index (MMI) fell slightly this month, down to 82 from 84. Despite the fall in the Stainless Steel MMI, the index remains at February 2015 highs. The index dropped ...
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