Nickel: 5 things to look for in 2023

Predictions for the year ahead

1 minute read

In this year’s report:  

Macro and micro events punched way above their weight across commodities markets as we closed out 2022. From the initial success of China’s zero-Covid policies to the escalation of interest rates around the world, and the rapid rise of one relatively new sector of nickel demand: rechargeable batteries. And they will continue to affect prices and demand in 2023.  

What other factors will shape the nickel market in the year ahead?  

In this report, we draw on insight from the Nickel Research Suite to set out our predictions and explore the outlook for 2023. This includes:  

  • Is this the beginning of the end for the LME’s dominant nickel contract? 
  • Hydrogen moves into stainless and nickel 
  • Has ‘advanced battery recycling’ arrived?  
  • And more.  

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