LME Nickel Prices to Hover at Lows (2017-9-22)

Gold price rose. Stainless steel consumption weakened recently, with prices continuing falling and narrowing its profit. LME nickel is expected to hover around USD 10,800/mt today. SHFE 1801 nickel should hover between RMB 84,200-...








Chinese steel output in 2017 to rise by 3-5pct – CISA

Reuters reported that China’s steel output is expected to grow 3% to 5% in 2017 compared with last year, said a trade body official on Saturday, despite the closure of small outdated mills as surging prices prompted larger players...