Nickel Investing News » Does Nickel’s fate depend on China?

Does Nickel's fate depend on China?

February 26, 2010 @ 7:49 pm In Other Editorial

Ibtimes reported if Nickel's fate depends on China:

Nickel prices largely depend on global steel demand, which is low in the west and up in China and India now. So, the fall in demand from auto makers in the west and a huge rise in China have complicated the nickel prices. Some 65% of nickel goes into making stainless steel.

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[1] Click here to access the entire Editorial: http://www.ibtimes.com/articles/20100128/nickelfate-depends-on-china.htm