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Seeking Alpha reported a five-minute guide to nickel and nickel trading.
Seeking Alpha reported a five-minute guide to nickel and nickel trading.
As quoted in the market news:
As with many other commodities, demand from emerging market economies has a tremendous effect on the price of nickel. Asia accounts for 65% of total global demand, followed by China at 44%, which only ten years ago represented just 8% of world demand. According to the International Nickel Study Group, the market for stainless steel is growing by more than 5% each year.
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