Banks And Analysts Agree Nickel Demand Is Uncertain
Metal Miner reported banks and analysts agree the demand for nickel remains highly uncertain.
As quoted in the market news:
Many believe nickel demand, having slumped this year, to have bottomed and that the metal could post a modest upswing next year.
HSBC reports that China posted practically no growth (+1.4%) in stainless steel production (by far the largest market for nickel) in 2012, but is expected to pick up in 2013.