SOURCE: Industrial Info Resources

June 04, 2007 05:04 ET

Nickel Prices Driving Stainless Steel Producers to Ferritic Grades, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - June 4, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas). On the last day of May, the 'cash buyer' price for primary nickel on the London Metal Exchange (LME) was $50,895 a ton. The three months forward buyer price was $47,695 a ton and the 15-month buyer price was $39,650 a ton.

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