Manufacturing Industry
Just not enough metal.(NICKEL)
Purchasing, June, 2005
Birdseye view: Hampered by a lack of spare capacity, nickel producers have been unable to increase supply quickly. However, analysts generally believe the recent high nickel price is attracting more mining projects which will drive prices lower in 2006.
Nickel, the alloying and plating metal, will remain in tight supply for the immediate future, according to Sven Tollin, chief statistician of the International Nickel Study Group. Speaking at a recent metals conference in Hong Kong, Tollin opined: "Even if users would like to have more material, it will not be available and prices could remain on the high side for some time to come." French nickel producer Eramet supports that view, arguing in its financial report for 2004 that the nickel market could again...
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