On Thursday, April 11, 2013, the biggest mover was the Indian nickel cash price which dropped by 1.2 percent.
On the LME, the 3-month price of nickel inched up 0.5 percent to $16,200 per metric ton. The nickel spot price increased 0.5 percent to $16,140 per metric ton.
Chinese stainless steel prices didn’t move on Thursday. The price of Chinese ferro-chrome saw essentially no change for the fifth day in a row. The price of Chinese ferro-moly held steady.
The price of Chinese primary nickel declined 0.4 percent.