Nickel improving in price against the other metals. On the LME last night. LME markets saw a repeat of yesterday as all metals slid except for nickel, which closed at $9.60/lb.
* United Steelworkers Union very vocal in its support of a Inco-Falconbridge union and its condemnation of those trying to interfere with the prospect. They told Reuters on the 10th that negotiations at Sudbury were down to non-monetary issues. Is the potential for a strike a real stretch? And is an agreement being stalled to keep prices inflated?
* Iron ore - 10% price increase in 2003, 18.6% increase in 2004, 71.5% increase in 2005, and seeing new contracts being signed at a 19% increase in 2006
* LME nickel inventory - minus 546 tons = 22,062 tons.
brookvill
bargains on offer one day only, page-5
Add IGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.91 |
Change
0.040(0.68%) |
Mkt cap ! $4.475B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.96 | $5.66 | $26.30M | 4.370M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $5.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 25828 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |