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Tuesday, January 2, 2018 - 3:56:57 PM
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Mining News Agency - It is understood that stainless steel production expected to grow around 5% in 2018, while stainless steel nickel consumption remained growth.
Mining News -The investment bank forecasted, including Merrill Lynch expected to reduce the nickel average price forecast was 22.2%, to US$10,500 /ton this year; Macquarie forecasted nickel average price was also US$10,500/ton; Goldman Sachs forecasted nickel average was around US$11,500/ton; JPMorgan expected the supply of nickel would increase in 2018, leading to lower prices and Citigroup remained neutral view of nickel price for this year.
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