Roskill: automotive batteries and stainless steel to drive nickel demand

Roskill: automotive batteries and stainless steel to drive nickel demand

In its new ten-year market outlook to 2027, Roskill, a leading provider of international metals and minerals research, forecasts primary nickel consumption to rise by just under 4% per year between 2017 and 2027, driven by increased consumption by stainless steel producers and by growth in demand in the automotive battery sector. Roskill estimates that the stainless steel sector accounted for nearly 70% of all primary nickel consumption in 2017. Demand for primary nickel in this market is anticipated to increase by 2.5% per year over the course of the forecast period, due to rising output in China and […]

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