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06 Oct
12:42

Stainless role in nickel consumption declines: Fitch

The nickel market is expected to remain balanced, at least in the medium term; however, the pace of electric vehicle (EV) adoption will require a corresponding rise in supply of Class 1 nickel, says Fitch Ratings. Nickel real price is expected to almost double by 2030. The UN Principles for Responsible Investment’s Inevitable Policy Response Forecast Policy Scenario (FPS) assumes that demand for nickel will rise five-fold by 2050, almost entirely driven by g…
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