Global nickel consumption seen growing

Posted on October 17, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Global nickel usage has increased this year thanks to improved economic factors in the first half of the year, and is expected to rise again next year, according to the International Nickel Study Group (INSG).

But nickel production has tailed off from 2013, and financial, economic and political uncertainty “could alter” the market balance in the future, the INSG said. Nickel consumption has grown in North America and China this year, while conditions have improved in Europe and Japan, the INSG said in a release detailing its semi annual meeting in Lisbon, Portugal, earlier this month.

Source: http://www.metalbulletin.com/Article/3391283/Base-metals/Global-nickel-consumption-seen-growing.html#axzz3GP3TPlIG