A snippet from today's link. Sorry for the crappy fomat?
http://www.reuters.com/article/marketsNews/idUSL610259520090806
Stainless steel ingredient nickel MNI3 ended at $19,600 a
tonne, down from an 11-month high of $20,450 hit on Wednesday. Prices have slipped, but market talk that Brazil's Vale Inco (VALE5.SA) has declared force majeure at its Sudbury nickel operations in Canada, Ontario, will help bolster sentiment. Sudbury produces about 85,000 tonnes of nickel a year -- about 7 percent of global annual consumption estimated by some at above 1 million tonnes this year. Unionized workers at Sudbury have been on strike since July 13.
Some worker's at Vale's Voisey's Bay mine, which produced 77,500
tonnes last year, went on strike on Aug. 1. "Last year, the two nickel mines made up of about 11 percent ofglobal nickel production," Commerzbank said in a note. "Even though
these strikes will contribute to a tightening ... they do not
justify the current price increase." Nickel prices have doubled since early April.