The three-month nickel contract on the London Metal Exchange
ended Wednesday’s official trading session at $15,183 per tonne, up by $330 per tonne (2.2%) from $14,853 per tonne a week earlier.
Fastmarkets’ weekly price assessment for nickel pig iron, high-grade NPI content 10-15%, spot, ddp China
was 1,170-1,180 yuan ($173-174) per nickel unit on September 11, up by 10-20 yuan per nickel unit from 1,150-1,170 yuan per nickel unit on September 4.
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi):
14,400-15,100 yuan per tonne, down by 200-300 yuan per tonne from a week earlier
Buyers started to cut their procurement...