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. Last Updated: 07/27/2016

Nickel Slump

LONDON () -- World nickel prices slumped to their lowest for more than two years Monday as funds and speculators sold when it dipped below the psychologically important $7,000-a-ton level.

At the midday close on the London Metal Exchange, benchmark three-month nickel prices finished at $6,700, having dropped to a low of $6,650 at one point.