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Stainless steel dilemma nickel price is expected to shine again?

Stainless steel is still the focus of nickel market demand, but the potential of new energy can not be ignored: it is expected that the increment of global stainless steel market will come from China and Indonesia, and although the base of new energy market is low, the trend of increasing marginal change can not be ignored, mainly because of technological progress and policy promotion to support the demand for nickel sulfate. Global nickel demand is expected to grow by 4 per cent to 2.56 million tons in 2020.

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