| 30.05.2012 - Nickel ore costs could push nickel pig iron up, Barclays says |
| Production costs for Chinese nickel pig iron (NPI) could rise in the second half of the year as an export tax on nickel ore from Indonesia kicks in, according to an analyst. Alongside a possible improvement in stainless steel demand and subsequently higher NPI utilization rates of around 80 percent, this could push nickel prices back up toward $20,000 per tonne, according to Snowdon...............................................Full Article: Source |