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03 May
08:24

Stainless sector to recover in second half: Eramet

Global demand for nickel should continue to grow driven by the stainless steel industry recovery, particularly in China, in the second half of 2023. Nickel production is also seen increasing mostly thanks to Indonesia’s new projects for batteries in electric vehicles, says French miner Eramet in its first-quarter financial report monitored by Kallanish. Global stainless steel production decreased by 4% in Q1 to 13.2 million tonnes with a notable decline in E…
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