Nickel Producers Cutting Production as Demand Slows and Stockpiles Rise
Nov 4th, 2008 | By Doug Casey | Category: Financial NewsThe base metals were mostly lower on Monday. Copper held onto Friday’s close until the late pre-dawn hours, but then was off sharply, bottoming near $1.75 at mid-morning before rallying to a finish at $1.828/lb., down 6½ cents from Friday.