Home | Business News | Browse by Publication | A | American Metal Market

Nickel retreats on LME as rumor becomes fact: strike's duration seen key to price direction.

Publication: American Metal Market
Publication Date: 03-FEB-04
Format: Online
Delivery: Immediate Online Access
Full Article Title: Nickel retreats on LME as rumor becomes fact: strike's duration seen key to price direction.(Brief Article)

Article Excerpt
NEW YORK -- Nickel fell on the London Metal Exchange Monday as the market saw a classic example of the old maxim, "buy the rumor, sell the fact," in relation to the strike at Falconbridge Ltd.'s Sudbury, Ontario, operation.

The market opened above $16,000 a tonne but soon moved down...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from American Metal Market
Nickel retreats on LME as rumor becomes fact: Sudbury output down, but..., February 03, 2004
Vulture wolfs Stelco shares; company maps upgrade path., February 03, 2004
AMM nonferrous scrap prices.(Illustration), February 03, 2004
Copper market little moved by strike at Cerro Colorado.(News)(Brief Ar..., February 03, 2004
U.S. Steel slowly finding supplies to replace lost Pinnacle coal outpu..., February 03, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.