01
Sep
12:54
Stainless demand, ore shortage seen supporting nickel prices
Nickel prices should be supported in the short term by strong stainless steel demand and a looming nickel ore shortage for Chinese nickel pig iron (NPI) producers, according to ING Bank.
Chinese stainless production, in particular nickel-rich 300 series, has been growing quickly, while Indonesia has seen strong production due to its newly commissioned mills in recent years. Mills in Europe and the US have also been resuming production, but the market for stai…
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Anonymous
Very good overview of the weekly steel market.
Anonymous