2008-09-30 12:36:35 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report providing a detailed account of the global nickel market.

The report 'Global Nickel Market Analysis', available at www.reportbuyer.com/go/RCS00402 offers expert advice to consultants, nickel players, market experts, and international executives related closely to the nickel industry. It analyses macroeconomic factors, such as nickel production and consumption by product, import levels, supply and demand, and price movements,

According to the report, global nickel consumption is constantly increasing

as it is used in more industrialised products. Stainless steel remains the dominant nickel consuming sector, followed by alloys. Strong demand from stainless steel producers, laterite projects, and China will drive the buoyant global nickel market.

Developing countries such as China and India will play a major role in the growth of global nickel industry. Developed countries such as the US, the UK, and Germany will also witness strong demand as these countries have large automotive and aerospace industries.

Key findings of the 60-page report include:
Nickel consumption is dominated by stainless steel, which accounts for 64% of the global consumption of primary nickel. This trend is likely to continue with robust stainless steel demand in near future.
Global supply-demand balance of nickel is expected to ease up with new nickel capacities coming up in 2008.
China's demand for nickel will slowdown due to overcapacity in domestic steel industry but the country will remain a major driving force for global nickel industry.
There are immense opportunities in the global nickel industry, especially in aerospace and nickel-based batteries sector.

This report will help clients to analyse the leading-edge opportunities critical to the success of the nickel industry at global level as well as in selected countries. The forecast given in this report is based on a correlation between past market growth and growth of drivers, such as stainless steel demand and industrial production performance.

'Global Nickel Market Analysis' is available from Report Buyer at:
www.reportbuyer.com/industry_manufacturing/metals/precious_metal ..

Report Buyer product ID: RCS00402

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