NICKEL 0.00% $12,675 nickel futures

price correction....names, page-4

  1. 2,389 Posts.
    lightbulb Created with Sketch. 408
    "No it doesnt sum it up at all. Commodity and hedge funds will dictate the movements."

    Someone else has been reading the statements fed to the brokers by the SS manufacturers. Notice only the Dopey brokers to lazy to get off their asses are quoting it though!

    Nickel is in such short supply and prices so high that poorly managed/ inefficient SS firms cannot compete. Some are starting to cut production, ultimately some will go broke- they simply cant raise the finance to buy nickel at todays prices.

    But efficient companies are not cutting back. They are increasing production to meet the demand.

 
watchlist Created with Sketch. Add NICKEL (LME) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.