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Nickel Posts Biggest Two-Day Rally in a Month on China’s Outlook

Posted on 07 January 2015

Nickel prices climbed, capping the biggest two-day rally in a month, on speculation that increased economic stimulus will boost demand in China, the world’s biggest user of industrial metals.
China is accelerating 300 infrastructure projects valued at 7 trillion yuan ($1.1 trillion) this year as policy makers seek to shore up growth that’s in danger of slipping below 7 percent, said people familiar with the matter. In the second half of 2014, nickel dropped 20 percent amid concern that growth in the Asian nation was slowing………………………………………..Full Article: Source


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