LONDON--(BUSINESS WIRE)--Stainless steel production is looked upon as an expanding industry driving, among other things, the global market for nickel. The overall production volume for stainless steel is forecast to mount around 3 mln tones at the end of 2011. That will undoubtedly bring around vivid rises in nickel demand on the global market.
The nickel production is definitely to follow the demand rising trend. Much contribution to production expansion will come from new planned or on-launch projects. Last year and the first half of this year have been spotted as nickel production deficit period to be followed by apparent surplus in 2012 and 2013. Refined global nickel output totaled around 1.4 mln tones in 2010 and the index is forecast to rise relatively fast in the coming years. As a result a number of market specialists are predicting future market surplus which can lead the fall in nickel prices.
Detailed review and forecast on global, regional and country markets of nickel can be found in the new market research report “Nickel Market Review” that covers present situation, historical background and future forecast and addresses comprehensive data showing nickel capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).
Report Details:
Nickel Market Review
Published:
January, 2011
Pages: 57
http://mcgroup.co.uk/researches/nickel
The report also indicates a wealth of information on nickel producers and suppliers, covers nickel production in the respective country, major nickel producers, nickel consumption in the country market, nickel trade in the country, nickel prices. Nickel market forecast for next five years, including market volumes and prices is also provided.
The study on nickel has been completed by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Nickel Market Review” is included into the catalogue “Metals”, which also highlights Aluminum, Beryllium, Boron, Copper, Iron and Steel, Lead, Magnesium, Mercury, Silver, Titanium, Zinc markets.
Monthly report updates for “Nickel Market Review” are available at http://mcgroup.co.uk/periodicals/monthly