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Metal Nickel

Sumitomo Metal sees world nickel oversupply at 52000 tonnes in 2012 - SteelGuru 

Forexrazor

Sumitomo Metal sees world nickel oversupply at 52000 tonnes in 2012SteelGuruSumitomo Metal Mining forecasts global nickel supply would be 52000 tonnes higher than the demand in 2012. The oversupply would increase from 16000 tonnes in 2011. The demand is expected to increase mainly for stainless steel production in China.

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Nickel contango deepens on Russian exports - JPMorgan - SteelGuru 

Forexrazor

Nickel contango deepens on Russian exports - JPMorganSteelGuruJPMorgan Chase & Co said that nickel is moving more deeply into contango as a decline in Russian exports suggests metal has been retained as inventory, adding to a global glut. Contango describes a market in which later dated contracts trade at higher ...

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Discount of 50% to Emerging Markets Lures HSBC: Russia Overnight - BusinessWeek 

Forexrazor

Discount of 50% to Emerging Markets Lures HSBC: Russia OvernightBusinessWeekOAO Surgutneftegas, Russia's fourth largest oil producer, surged to the highest level since May 2008 in New York and fellow energy companies OAO Lukoil and OAO Gazprom, as well as OAO GMK Norilsk Nickel, the world's largest producer of the metal, ...and more »

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