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10 May
10:46

Nickel market may rebalance in 2016 says Eramet

Several factors affecting nickel in 2016 might contribute to the beginning of a market rebalance, French mining corporate Eramet says. These include a wide-scale destocking of nickel observed since 2014, production cuts announced by several nickel producers and an output decrease in Chinese nickel pig iron together with slightly positive growth in nickel demand. Global stainless steel production remained stable in the first three months of 2016 compared with the…
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