[Ferro-Alloys.com]Major production cuts and a substantial draw-down of exchange inventory are needed to trigger a sustained price recovery in nickel, despite a likely market deficit this year, Russia's Norilsk Nickel said Tuesday.

[Ferro-Alloys.com]Few metals have confounded investors and market analysts more than nickel. Indonesia's ban and a perceived high cost base to China's nickel pig-iron market have, for some years, led many to believe a rise in prices was only just around the co...

After 13-year outstanding hardwork, Jinchuan has successfully developed five kinds of carbonyl ferronickel, the first time to make powdered alloy in this way.

Nickel settled down -1.36% at 572.70 amid slowing Chinese demand. Trade is expected to wane ahead of Lunar New Year, which will shut China for a week from Monday.

Axiom Mining (ASX:AVQ) is edging closer to a milestone first shipment of nickel ore form the Isabel project in the Solomon Islands during Q1 2016 as a A$10 million financing facility and long-term offtake deal unfold.

The falling nickel price is heaping pressure on BHP Billiton's Nickel West business, which will increase imports of concentrate to sustain its operations after a string of local mine closures.

The Australian All Ordinaries fell back today on uninspiring overseas leads and more choppy commodity pricing.

After the prices dropped sharply in November last year, the nickel prices remained stable during December, 2015 to Jan, 2016.