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India Nickel Industry Analysis, Japan Nickel Industry Research, Europe Nickel Industry Research - Ken Research


The Global Nickel Powder Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Nickel Powder industry. – PowerPoint PPT presentation

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Title: India Nickel Industry Analysis, Japan Nickel Industry Research, Europe Nickel Industry Research - Ken Research

Declining Nickel Prices a Concern for Global
Economy Ken Research
In the present times of globalization, it is
important for the nickel industry players to
understand the global market and devise their
business strategies accordingly. It is in this
respect that the industry players would find the
report on the nickel industry valuable.
The report is a storehouse of data on
import/export, supply and consumption, revenue
and gross margin by regions (the United States,
EU, China and Japan). The same data can be added
for other regions. Research report titled
Global Nickel Powder Industry Situation and
Prospects Research report 2017 says Nickel is an
integral part of the material used for the
manufacture of cooking utensils, mobile phones
and batteries, medical equipment, transport,
buildings, and power generation etc. Nickel has
advantage over other metals because of its
properties of corrosion resistance, better
toughness, and better strength at high and low
temperatures, and a range of special magnetic and
electronic properties.
Primarily, nickel is used as refined metal in the
form of cathode, powder, briquet, or ferronickel.
Most of nickel is consumed in the western world
to make stainless steel. Other uses of nickel
are superalloys or nonferrous alloys. Due to
their resistance to corrosion, both types of
alloys are widely used in the stainless steel
industry. The aerospace industry is also a
leading consumer of nickel-based superalloys. In
fact, nickel is very important in jet
construction as some critical parts of the jet
engine like turbine blades, and discs are
fabricated from nickel superalloys.
Nickel-based super alloys are also used in
land-based combustion turbines found at electric
power generation stations, rechargeable
batteries, catalysts and other chemicals,
coinage, foundry products, and plating.
The Challenge of Weak Demand for Nickel Ken
Research says, currently the nickel industry is
facing a slowdown in the global arena. The
oversupply and weak demand have led to decline in
nickel prices, which have hovered down to a
13-yearlow. The price decline has made nickel
companies to cut production. Various industry
players will bear losses because the production
cuts have been slower than expected in view of
the weaker demand from the stainless-steel
sector. The situation has worsened due to
significant slowdown of stainless steel demand in
China. The Chinese producers have responded to
the market by decreasing their nickel pig iron
production but the rest of the world has
increased nickel production thus offsetting
decline in the Chinese pig iron nickel output.
There is combination of factors that will delay
the recovery of the global nickel industry, such
as high nickel stockpiles in China, larger than
expected supply form the Philippines and
consistent weakness in the stainless-steel
market. Many industry players are incurring
losses due to the decline in the prices of nickel
products. The impairment in company assets will
continue if the prices for the nickel keep
declining. Hope in the Asia-Pacific region Amid
the declining nickel demand elsewhere, the
Asia-Pacific region is generating a good demand
for the metal. Developing countries such as India
and Brazil present a great opportunity for the
nickel industry. The countries which are
modernizing their infrastructure will boost the
nickel market as nickel is used is many things
required for infrastructure upgradation.
Major Players in the Industry Leading players of
the global nickel industry are Vale, MMC Norilsk
Nickel, BHP Billiton Ltd, Xstrata Plc, Pacific
Metals, Anglo American, Sherritt, Jinchuan Group,
Jilin Jien Nickel, Sumitomo Metal Mining, Nizi
International. Conclusion The global nickel
industry is undergoing recovery and would take
time to balance its production with the declining
demand. Industrializing developing countries are
likely to drive the global nickel market. In
future, the increasing demand of nickel,
production cuts and usage of nickel stockpiles
will balance the supply and demand in the
industry leading to better prices for nickel
  • Key topics covered in report
  • Global Nickel Consumption Analysis
  • North America Nickel Industry
  • Europe Nickel Industry Research
  • Japan Nickel Industry Research
  • India Nickel Industry Analysis
  • Global Nickel Industry Future Outlook
  • Global Nickel Industry Regulations
  • Nickel-Based Super Alloys Market
  • Global Nickel Powder Industry Research Report
  • For more coverage click on the link below
  • https//

Related reports https//
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2020/62076-101.html Contact Us Ken
Research Ankur Gupta, Head Marketing
Communications 91-901537824
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