GREY:LBEFF - Post by User
Comment by
legend7on Sep 18, 2009 4:50pm
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Post# 16319925
RE: RE: RE: RE: Profitability?
RE: RE: RE: RE: Profitability?Johnny Boy,
I will try and be nice but when you come on here stating numbers thatyou obviously don't have a clue about it is tough to let them slide. you stated
With the huge inventory at the LME that might increase to reflect thatsurplus nickel. Where there once was a few months supply there is nowa huge excess of over a year I think.
At least you put I think on there cause the inventory at the LME represents about 37 days of Nickel consumption not over a year. So I hope you understand when we all question your motives on here when you are obviously talking about stuff you have no idea of??
World nickel consumption
2007 = 1.31 mt
2008 = 1.29 mt
2009 = 1.18 mt (this is expected) and the first quarter was very low the second quarter was better and they expect better for the remainder of the year.