Nickel cannot hold the level of USD 12,000.00/mt. Reasons are the US-Dollar and profit taking in an overbought market. Big swings in uncharted territory. Market environment improving gradually. Especially even in the medium term perspective. Global growth potential is...
Tensions have escalated between North Korea and the USA, higher now than they have been for a long time. Regardless of this, nickel is in an upwards trend which has led to a 5 month high, technical reaction inclusive. Welcome compensation versus the expected chrome...
Oryx Stainless Group extends 100 million Euro credit facility - HSBC sole bookrunner Prematurely Oryx Stainless Group, under the umbrella of Oryx Stainless Holding B.V., has successfully extended a 100 million Euro syndicated revolving borrowing base credit facility...
Range trading in nickel. Indonesia and the Philippines are the basic driving forces. Even the public relations work of some producers may have some short term influence. European ferrochrome benchmark sinks significantly. After the sharp climb at the beginning of the...
Validity of commodity prices as early indicators. The Swiss daily newspaper Neue Zürcher Zeitung presumes ignorance of equity investors. The economic conventions of the 1980's should be consigned to antiquity. There is hardly any independent existence for commodity...
Expectations not confirmed. Nickel lighter along with other commodities. Financial investors are liquidating positions. China, the Philippines and gossip about Brexit have all been given as explanations. Elections in North Rhine-Westphalia. Education policy is the key...
