Monday, February 5, 2018

METALS-London nickel steadies above week lows, at risk of further losses

(Updates prices) By Melanie Burton MELBOURNE, Feb 5 (Reuters) - London nickel climbed on Monday after posting its largest daily loss in two months in the session before, but prices were seen tailing off ahead of the Lunar New Year next week. "Aside from the strengthening dollar, we think concerns about China's weak demand (have) also weighed on the nickel price," said broker Argonaut Securities in a report. Some of China's stainless steel mills, the major consumers of nickel, a

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