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The nickel price is killing Mincor. ( a great company with an...

  1. Isladar
    1,254 Posts.
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    21/10/13
    21:09
    Post #: 12467546
    The nickel price is killing Mincor. ( a great company with an exceptional MD ) It is killing most Nickel producers.
    Dam pig iron! Without it Mincor would be $10


    http://www.mineweb.com/mineweb/content/en//mineweb-fast-news?oid=209447&sn=Detail
    Nickel glut extends to fourth year on China supply

    Chinese producers will supply 456,000 metric tons of nickel pig iron in 2014, or 49% more than last year, Morgan Stanley estimates.
    MCR Price at posting: 55.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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