Nickel trading range for the day is 590-623.2.
Nickel gains fuelled by a talk of stockpiling by China's state buyer and 24% percent reduction in China's nickel output in the first two months of the year.
The global market for refined nickel swung to a small 3,600-tonne surplus in February, from a deficit the month before, INSG data showed.
China and other major steel-producing countries failed on Monday to agree measures to tackle a global steel crisis.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Nickel gains fuelled by a talk of stockpiling by China's state buyer and 24% percent reduction in China's nickel output in the first two months of the year.
The global market for refined nickel swung to a small 3,600-tonne surplus in February, from a deficit the month before, INSG data showed.
China and other major steel-producing countries failed on Monday to agree measures to tackle a global steel crisis.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
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