Thursday, February 1, 2007

Nickel bounces after dropping over Sudbury

Nickel futures fell 3 percent in early business at the London Metal Exchange on Thursday after a deal to stop a potential strike at the Sudbury, Ontario operations of miner Xstrata.

Three-months futures traded as low as $35,900 per tonne, down $1,200 from its previous closing price, before rebounding to $36,650 by the end of the official session.


Read More at Reuters South Africa

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