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 Daily Nickel/Stainless Steel Briefing
- Nickel closed Thursday's trading
session at $7.34/lb
 ($16,190/tonne). Indicators at 5:50 am CST today show
nickel trading around $.02/lb 
lower. Stockpiles of nickel stored in LME licensed warehouses rose on
Thursday and started today reading just over the 164,500 tonne level.
Shanghai nickel retreated to 129,110 y/t overnight. All of nickel's
gain yesterday, came early and in one big run. After that, the bulls
chilled and the trading price of nickel has gone no where since. Still
have found no real reason for the bump, so we suspect it was an attempt
to spook the shorts, who did not bite. Slower news day so we leave you
with it. Stay safe out there and have a great weekend!
- Average price of LME traded cash nickel
so far this month
- $7.13/lb
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 Reports
- Reuters metals morning - Copper eases on firm dollar .... - more
- Refinitiv Inside Commodities - pdf here
- SMM Daily Comments - more
- ING The Commodities Feed - daily here
- U.S. Stainless Steel Scrap Prices - more
- Producer Price Index by Commodity: Stainless and Other Alloy Steel Scrap - more
- Producer Price Index by Commodity: Steel Pipe and Tube, Stainless Steel - more
- Producer Price Index by Commodity: Titanium and Titanium-Base Alloy Mill Shapes - more
- Producer Price Index by Industry: Truck Transportation - more
- Producer Price Index by Commodity: Externally Threaded Fasteners - more
- Producer Price Index by Industry: Corrugated Shipping Containers - more
- Nickel Magazine Vol.39, No.3, 2024 - more
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 Shanghai Metals Market
- SHFE Stainless Steel Futures (yuan) - more
- SHFE Nickel Futures (yuan) - more
- SHFE Inventory (updated each Friday) - more
- Shanghai Jinchuan nickel price - here
 London Metals Market
- Yesterday's
LME official prices here
- LME nickel chart - here
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Thursday's market review - Copper edges up on China
stimulus hopes - London copper prices nudged higher on Thursday amid
expectation of stimulus measures from top consumer China in the wake of
the ... - more
China's stainless steel downstream industries forecasted
to grow steadily in 2025 - The downstream stainless steel industries in
China faced a complex and diverse market environment in 2024. A vital
component ... - more
Abaxx to Launch Nickel Sulphate Futures on January 10,
2025 - Abaxx Technologies Inc., a financial software and market
infrastructure company, indirect majority shareholder of Abaxx
Singapore Pte Ltd. ... - more 
Rio Tinto and BHP face class actions over alleged sexual
harassment at Australian sites - Rio Tinto and BHP are confronting
class action lawsuits alleging that they created environments where
female staff ... - more
 Other News
- Europe set to miss potential for battery material recycling - more
- Vale completes negotiations for iron ore briquette plant in the US - more
- Who is buying electric cars this year? And why? - more
- Europe needs emergency trade measures and adjustment: Lakshmi Mittal - more
- FedEx, UPS’ 2025 fee hikes will wallop bulky package shippers - more
Economic Stats and Prices (posted in Friday edition)
- U.S. Steel Import Monitor - here
- SIMA Melt & Pour Dashboard - here
- US Economy At a Glance - more
- US Economic Indicators - more
- US Economic Activity - (every Monday) - pdf here
-
US Fed NY Weekly Economic Index - more
- FX Street Economic Calendar - more
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- Iron Ore Price Graph - 1 2 3
- India MCX Nickel Price - more
- Baltic Dry Index - chart
- COVID By The Numbers - here
- How is your state faring? - more
- What time is it in....? - more
- Euro/US Dollar chart - here
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Why Stainless Steel
- Alloyed for Lasting Value video - here
- Self Repairing for Lasting Value video - here
- 100 Years of Stainless Steel Video - here
- Stainless steel: The role of nickel - here
- The Life of Nickel - pdf here
- The Journey of Nickel - video here
- How is Stainless Steel Pipe Made - more
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 Слава Україні! - more
- Market Briefing - Commodity Prices - pdf here
- ImportYeti (free) - search here
- 5 Things You Need to Know about Class 1 & 2 and Intermediate Nickel (Transcript) - more
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