Nickel hits seven year high – 2021 in review

Nickel climbed to seven-year highs in 2021, as a series of supply curtailments, in tandem with a stronger-than-expected recovery in stainless-steel production and robust growth in the battery sector led the market to swing into a deficit, writes Benchmark analyst Greg Miller.

Whilst much of the  discourse in 2021 centred around the growing utilisation of lithium iron phosphate (LFP) batteries  in China and the potential impact on the future uptake of NCM technologies in EVs, battery sector nickel demand continued to perform robustly throughout the year, recording a 42% y-o-y increase according to the . . .


Login to continue reading!

This article is restricted to Benchmark Membership subscribers.

Login

Not subscribed yet?

To subscribe or to find out more about Benchmark Membership click here or fill in the form below and a member of our team will be in touch with you as soon as possible.

Contact Us

THANK YOU FOR SCANNING A QR CODE TO RECEIVE MORE INFORMATION ON BENCHMARK PRODUCTS AND SERVICES.

Please complete the form below and we will follow up as soon as possible.

COMPLETE THE FORM BELOW TO REQUEST A DEMONSTRATION OF OUR LITHIUM FORECAST

Your details:

New Reports

Select the new reports you would like to learn more about

BENCHMARK NEWSLETTER

SELECT BENCHMARK'S SERVICES OF INTEREST:

Forecasts
Market Assessments
Price Assessments
Technologies
Other
ESG
Events
Which event(s) interest you?