Insight
Strong China boosts world nickel demand: rationale and risks
Report summary
Chinese stainless melt production has accelerated in 2016. This is due to the ramp up of 6Mt/a of new melt shop capacity as well as a stimulus-driven improvement in demand. As a result, world nickel demand will increase by around 9% this year, to 2Mt. As the Chinese ramp-up will continue in 2017, we anticipate similar growth in world nickel demand next year. But we are not so certain that the Chinese market can absorb all the new stainless steel. So in this insight we examine some of the risks that could have a moderating short to medium term influence.
Table of contents
- Strong China boosts world nickel demand: rationale and risks
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
A delayed energy transition
3 ˚C warming pathway
$1,050
Deal Insight
EIG acquires Australian LNG assets from Tokyo Gas for US$2.15 billion
The deal includes Tokyo Gas' minor interests in Gorgon LNG, Ichthys LNG, Pluto LNG and Queensland Curtis LNG
$1,650
Commodity Market Report
Global noble steel alloys strategic planning outlook - Q1 2024
The latest noble steel alloys strategic planning outlook forecasts global supply, demand and prices for molybdenum, vanadium and niobium.
$10,000