(Bloomberg) -- Nickel cash prices may average
higher than forecast this year as stainless steelmakers resume
purchases, Credit Suisse Group said.
Nickel may average $17.97 a pound ($39,617 a metric ton),
up from a previous estimate of $15, analysts including Jeremy
Gray at the bank said in a July 6 report. The metal has averaged
$19.91 so far this year.
Read more at Bloomberg Commodities News
higher than forecast this year as stainless steelmakers resume
purchases, Credit Suisse Group said.
Nickel may average $17.97 a pound ($39,617 a metric ton),
up from a previous estimate of $15, analysts including Jeremy
Gray at the bank said in a July 6 report. The metal has averaged
$19.91 so far this year.
Read more at Bloomberg Commodities News
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