NEWS

Stainless Steel News and Nickle Price
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Three month nickle closed Monday'trading session at $6.47/ib.Inidcators at 06:05 am CST today show 3 month nickle trading around $0.1/ib higher .Stockpiles of  nickle stored LME approved warshouse fell on Monday and  now total just over the 312,300 tonne level.We gave major suport yesterday at  $6.46/ib,and after  trading below that level ($6.30/ib for daliy low),We may  see a tug of war around this  level ,or we could  see another bullish rise or bearish dip.Time will tell.