Quote:
quote:Originally posted by SEC
Since stainless steel producers have been able to put their prices up they have been starting to restock their alloy inputs. Should keep nickel's price around $7+/lb for a while.
SEC
Posted six months ago. To think I was gushing at Ni @ $7/lb. Now it's double that!!!! Never ever thought it would reach $14/lb, was happy for it remaining around $7, that price alone would have re-rated the MCR price from what it was in Feb. The Nico's haven't kept pace with the 100% increase in Ni prices, but will do in due course;).