• Type: Business and industry issue
  • Date: 9/18/2012

Nickel Q2 2012 – August 2012 

During the second quarter of 2012, refined nickel prices averaged US$7.73/lb on the London Metal Exchange, down 30 percent from US$11.02/lb over the corresponding quarter last year. Surplus for nickel stood at 17kt in 2011; the oversupply continued during the first 5 months of 2012, reaching 27kt, as estimated by the International Nickel Study Group (INSG).
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