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Metal Miner reported banks and analysts agree the demand for nickel remains highly uncertain.
Metal Miner reported banks and analysts agree the demand for nickel remains highly uncertain.
As quoted in the market news:
Many believe nickel demand, having slumped this year, to have bottomed and that the metal could post a modest upswing next year.
HSBC reports that China posted practically no growth (+1.4%) in stainless steel production (by far the largest market for nickel) in 2012, but is expected to pick up in 2013.
Click here to read the full Metal Miner report.