11.12.2013 - Nickel is best bet for Barclays as ore ban revives worst metal
Nickel, the worst performing base metal this year, offers investors the best opportunity for advances in early 2014 as Indonesia is poised to halt the export of mineral ores, according to Barclays Plc. The prohibition in the largest mined producer, set to take effect after Jan. 12, may curb supplies for makers of nickel pig iron in China, analysts including Kevin Norrish wrote in a report. Even if the ban isn’t implemented as planned, prices are so low other producers will cut output, they wrote...............................................Full Article: Source
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