Fri, Apr 25, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Metals and Minerals more

Mine, smelter shutdown, ore export ban may support Nickel prices

Posted on 07 October 2013

A possible significant reduction in nickel, nickel ore supply caused by shutdown of mine(s), smelters and a ban on nickel ore exports by the Indonesian governemnt are expected to support the commodity prices later this year and in the early 2014. However, persisting concerns over the health of the global economy are likely to limit a significant up-tick in the commodity prices.
Last week, Votorantim stated that it was shutting down its 19Kty nickel matte Fortaleza smelter in Brazil due to weak nickel prices. The facility is expected close its operations in November 2013 with no current expectation of a re-open date………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34696 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930