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Nickel prices rallied on Wednesday as the dollar lost ground against most major rivals, while analysts assess the state of supplies. A delay in the release of smelters data stoked concerns of tightened supplies, which underpinned prices in recent months. Nickel is mainly used in stainless steel production and EV...
Minerals were mixed on Wednesday with nickel prices declining amid expectations of increased supplies, while copper prices scaled seven-month highs after Chinese smelters agreed to cut production. Copper three-month futures at the London Metals Exchange touched $8799 a tonne, the highest since August 2023, trading 1.6% higher. Copper scaled two-year...
Nickel prices fell on Wednesday after Indonesia said it’s preparing to sell more mining shares to investors, which would increase supplies. Nickel three-month futures at the London Metals Exchange fell 0.6% yesterday to $17,060 a tonne. Nickel March futures fell 1.5% on Tuesday at the Shanghai Futures Exchange to 132,430...
Frequently asked questions
What is the price of Steel today?
The price of Steel is $820.00 (Steel price - Last update: 2024-04-18 10:50AM UTC)