LONDON--(BUSINESS WIRE)--Australia, Brazil, Russia, Indonesia and China are some of the countries that can boast world’s largest reserves of nickel. The Philippines is one more prominent player: this country holds a position of the number one nickel miner globally. When it comes to consumption it must be noted that APAC is the number one consumer globally, and China is the largest consumer in this region.
The nickel market is dependent on trends in the global steel production, since the stainless production accounts for more than three quarter of the nickel demand. The Indonesian ore export ban of 2014 hit the nickel market to a certain extent, but the bullish story associated with nickel evaporate vanished to the full extent. In the meantime, the country plans to ease this ban given high revenue losses it suffered due to the ban.
The nickel production is expected to continue growing in the years to come, with its CAGR being one-digit and being approximately 1.3% on average.
Insightful study “Nickel: Global Market Trends and Prospects” prepared by Merchant Research & Consulting Ltd. has been recently added to the Market Publishers’ online catalogue.
Title: Nickel: Global Market Trends and Prospects
Published: April, 2016
Price: US$ 1,250.00
The research report offers an up-close look at the global nickel market. The study contains a bird’s eye view of this industry and includes valuable details on nickel itself like its properties, application fields, resources globally, etc. It throws light on production and demand trends and discusses a structure of the demand. The report investigates regional markets and focuses on major countries, such as Greece, the UK, Japan, New Caledonia, the USA and South Africa, to name a few. The research study also explores prospects of the global nickel market.
Many more reports by this publisher can be found at the Merchant Research & Consulting page.