Nickel miners need to increase Class 1 output to meet steel, EV demand: Bank of America

Capt. John

Nickel miners will need to increase their output of refined product, among other measures, to meet record stainless steel and growing electric vehicle demand, Bank of America Securities said in a research note on Aug.23. The report cited “phenomenal” demand from the stainless sector, which accounts for 70% of global nickel consumption, as well as …

The post Nickel miners need to increase Class 1 output to meet steel, EV demand: Bank of America first appeared on Hellenic Shipping News Worldwide.

https://www.hellenicshippingnews.com/nickel-miners-need-to-increase-class-1-output-to-meet-steel-ev-demand-bank-of-america/

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