28
Feb
11:06
Russian sanctions to stir Chinese nickel market
The global nickel supply deficit started last year is poised to accelerate as Western sanctions on Russia disrupt exports from Moscow-based Nornickel, according to TrendForce.
The company was the largest high-grade nickel supplier in 2021 with a global market share of 22%, according to Fitch Ratings. Sanctions targeting Russian mineral exports add another layer of pressure for battery producers, EV makers and then consumers, Kallanish notes.
Battery-grade nickel…
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Anonymous
Very good overview of the weekly steel market.
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