Nickel seen in balance to 2010, prices to fall

Newswire

By Camila Reed BRUSSELS, Oct 30 (Reuters) - The nickel market should more or less be in balance through to 2010, Peter Cutler of the Nickel Institute told delegates at a scrap conference on Monday. Cutler said the international body believed demand for nickel, mainly used in stainless steel for engineering and transport, would continue to grow rapidly but should be met by new projcts. Speaking at the BIR international recycling conference in Brussels, he cited figures from UK-based ...

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