About publisher

 

  • I entered metals business in 1968; 2017 is 49th year. I was involved in nickel from day one. In 1969 International Nickel Company (INCO: now owned by Vale) had a protracted and bitter strike in Sudbury, Canada. Price of Ni cathode increased by a factor of six. As a rookie trader I was up to my eyes in nickel deals and and alloys containing nickel. I have been inquisitive and following melting grade Ni ever since.
  • I started and managed first stainless steel and Ni alloy scrap metals division for Commercial Metals Company (CMC)-Houston Texas.
  • Accepted an offer from Dominion Nickel Alloys, relocated to Toronto Canada and worked for original partners.
  • Worked for Steelmet Inc. Pittsburgh and Los Angeles – Steelmet at the time was the largest stainless steel and Ni alloy scrap company in North America. ELG Metals, Inc. bought Steelmet to enter U.S. market.
  • Worked for ELG Metals (14 years later): Negotiated Ni-Co custom feed (scrap solids, turnings, grindings) contracts with Falconbridge Nickel (now owned by Glencore). I was responsible for traveling to Saint Petersburg Russia to negotiate Ni-Co custom feed contracts with Norilsk-Severonickel
  • Lived in china five years – U.S.company Partner & COO of joint venture with Chinese government; buying, processing and selling high performance nickel alloys and titanium scrap. Negotiated deals (through our bilingual VP) with major state owned enterprises including Jinchuan Nickel. Jinchuan signed an agreement with Global Ferronickel Holdings (GFN). GFN is Philippines second largest nickel ore miner. My understanding of agreement is Jinchuan provides funding and expertise and Global supplies Ni ore for smelter to supply NPI for $700 million/1,000,000 TPY 200 series stainless steel mill.
  • Managing Partner and President of ZStainless, LLC – Traveled extensively in India. ZStainless purchased secondary materials containing Ni in North America and exported to India. We processed and sold Ni content co-product nonferrous metals to Indian specialty mills and foundries. Ni content material we shipped to India was very heterogeneous and could not effectively be hedged. We did not know percentage of Ni until material was hand sorted. We really needed to know why the price was the price and not just the price. I needed to determine market direction in order to make informed buying decisions. I researched and discovered a plethora of: stochastic oscillators, Bollinger Bands, candlestick charts, moving averages, relative strength indexes, commitment of traders data (I studied technical analysis in 2000 and using the past to predict the future did not work for me). I read many inaccurate articles and questionable reports. Everyone told me the price but no one told me why the price was the price. I researched constantly until I was able to connect the dots. I believe others whose business model involves nickel would like to know; that is why I created Nickel28.biz: “Why the Price is the Price”.