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15 Jun
14:09

Second-quarter stainless demand slumps, nickel turns to surplus

Global stainless steel demand is expected to slump -12% on-year in the second quarter to 11.9 million tonnes, it was revealed in the Bureau of International Recycling (BIR)’s Stainless Steel & Special Alloys Division webinar. Furthermore, the “…huge growth area” of electric vehicle batteries has undergone “…a very dramatic change,” with global nickel demand from this sector now projected to drop -15% on-yea…
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