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Reportlinker.com announced a new market research report on the nickel industry.
Reportlinker.com announced a new market research report on the nickel industry.
As quoted in the press release:
Due to the nickel projects of Anglo American’ Barro Alto and VALE’s Puma being put into production as well as China’s increased output of nickel pig iron, the global nickel output saw a year-on-year increase of 10.0% to 1.589 million tons in 2011, with the consumption rising 6.9% YoY to 1.572 million tons. In 2012, the successive putting into production of the nickel projects worldwide as well as the releasing of new capacities will pose the mounting pressure on nickel oversupply, with the estimated excess hitting 50,000 tons.