Bloomberg News

Norilsk Nickel Slides for Second Day as Nickel Drops in London

October 03, 2011

Oct. 3 (Bloomberg) -- OAO Norilsk Nickel, the world’s largest producer of the metal, slid for a second day as nickel declined in London.

The stocks slipped as much as 2.5 percent and last traded 1.9 percent lower at 6,859 rubles by 11:05 a.m. in Moscow.

Nickel fell as much as 1.6 percent to $17,311 a ton on the London Metal Exchange.

--Editor: Chris Peterson

To contact the reporter on this story: Jason Corcoran at Jcorcoran13@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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