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| August 17, 2006 | Thursday | Rajab 21, 1427 |
Nickel prices
LONDON, Aug 16: The price of nickel hit a new record high for the third day in succession here on Wednesday, heading for $30,000 per ton amid falling stock prices and strong demand from stainless steel makers.
Nickel, a metal used to help prevent corrosion, hit $28,600 per ton for delivery in three months in Wednesday electronic trading on the world’s leading metals terminal market, the London Metal Exchange (LME).—AFP
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