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Daily
Nickel/Stainless Steel Briefing
- Nickel closed Thursday's trading
session at $7.10/lb
 ($15,660/tonne). Indicators
at 6:25 am CST today show
nickel trading around $.07/lb 
lower. Unable to furnish stockpile numbers this morning and we
apologize for that. We will catch you up on Monday. Shanghai nickel
slipped to 124,000 y/t overnight. The see saw, up and down motion of
nickel trading continues and yesterday's mini bounce has evaporated
this morning. Stay safe out there and have a great weekend!
- Average price of LME traded cash nickel
so far this month
- $6.91/lb
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Reports
- Reuters metals morning - Copper slips on worries about China demand, tariffs - more
- Refinitiv Inside Commodities - pdf here
- SMM Daily Comments - none posted
- Sucden Daily Base Metals - more
- India Daily Stainless Report - more
- ING The Commodities Feed - daily
here
- U.S. Stainless Steel Scrap
Prices
- 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
- Daily Metal Values - more
- LME nickel chart - here
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Thursday's market
review - Most metals climb as Trump signals new trade deal with China -
Most metals rose as US President Donald Trump signalled a new trade
deal with top consumer China, while aluminium ...- more
China’s stainless steel market growth driven by rising
ferronickel prices - Although the stainless steel market was affected
by Trump's tariff adjustment this week, buyers remained a wait-and-see
attitude and the ... - more 
FeNi supply to tighten against nickel oversupply by 2025 -
On February 18, 2025, Minmetals Resources Limited announced an
agreement to acquire 100% of Brazil Nickel from Anglo American plc for
a ... - more
Chromium concentrate price rises on stainless steel market
recovery - The global stainless steel industry is experiencing an
increase in demand for high-grade chromium ore, driven by a recovering
international ... - more
Philippines suspends 2 nickel mines, halts permits - The
Philippines has ordered the suspension of operations at two nickel ore
mines for environmental violations and halted the issuance of
exploration permits .... - more
Vale logs loss on Canada impairments, but analysts welcome
share buyback, dividends - Brazilian miner Vale, opens new tab reported
on Wednesday a $694 million loss in the fourth quarter, missing
estimates .... - more 
US defense think tank warns of China’s grip over
Indonesian nickel industry - More than 75% of the nickel refining
capacity in Indonesia, home to the biggest reserves of this critical
mineral, is controlled by ... - 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
- U.S. Treasury Yield Curve - 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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