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29 Nov
17:36

Stainless steel demand, prices to remain high: AME

Increasing energy demand, rising global car production and the growth of the construction sector in emerging economies will contribute to the growth in global stainless steel demand, says mechanical consultancy Ame in a note seen by Kallanish. However, the car batteries sector may become a significant driver for nickel demand only in the long term. Compared to the nickel volumes consumed by the stainless industry, those going into car batteries remain insignifican…
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