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Nickel price rally stalls, outlook down

<p style="text-align: justify;">Troubling Cuban efforts to re-emerge from its 2009-10 cash crunch, the recovery of nickel prices since a dive in 2008 has stalled again in March, and prices may continue to stagnate or slide this year, according to Nickel Investing News. Nickel prices on the London Metals Exchange have slid to $24,405 per ton as of May 17, after setting a post-crash record of $29,000 in March.“Several factors at play in this downturn may not be alleviated anytime soon,” Nickel Investing News writes, which had been bullish most of last year regarding a price rally. Read More