Nickel at $11.91/lb.It's hard for me to forecast the future of...

Nickel at $11.91/lb.

It's hard for me to forecast the future of nickel prices, but this looks promising -

"Global stainless steel crude steel production surged in the first nine months of 2010, rising by 29 percent year on year to reach 23 million metric tons. The year-on-year increase rate was 44.3 percent in the first half of 2010."

also

"BEIJING Asian Metal 24 Dec 10 - According to the statistics published by China Customs on Tuesday, the imported volume of nickel ore and concentrate was 2,834,728t in November, up by 81.54% year-on-year and up by 13.86% compared with that in October. Philippines, Indonesia and Australia are the top three exporters to Ch..."