11
Apr
08:37
Moody's sees NPI price challenge for Nickel Industries
Moody's Investors Service sees challenging debt repayment obligations for Australian nickel producer Nickel Industries as nickel pig iron (NPI) prices fall, Kallanish notes.
According to Moody's, the prices for NPI, which currently represent the majority of Nickel Industries' output, have been falling and recently traded at around the $13,250/tonne level. The rating agency estimates that at this price level, if sustained,…
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Anonymous
Very good overview of the weekly steel market.
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