The three-month nickel price closed at $16,000 per tonne on Wednesday, compared with Tuesday's 5pm closing price of $16,278 per tonne.
The lowest price for the stainless steel additive on Wednesday was $15,830 per tonne and its daily high was $16,265 per tonne. The low seen on Wednesday came close to levels last seen on November 20, when the lowest intraday price for nickel was $15,775 per tonne.
The nickel price has closed above $16,000 per tonne every day...