Newssummary: Taiwan Steel Company Expects Nickel Price to Rise in 2H 2015

Published: Jun 09, 2015 10:49 (GMT+8)

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Nickel prices will rise during the second half of 2015, Taiwan’s United Evening Paper cited one local steel company as saying.

SHANGHAI, Jun. 9 (SMM) – Nickel prices will rise during the second half of 2015, Taiwan’s United Evening Paper cited one local steel company as saying.

“LME nickel is now stabilizing at $12,000-13,000 per tonne, and this should be the bottom, and the price will rise with China’s demand improving and global economy picking up,” the paper reported.

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