Nickel demand for batteries to overtake stainless steel in late 2030s

Nickel demand from the battery industry is expected to grow 27% this year, compared to just 4% from stainless steel, according to Benchmark’s Nickel Forecast. The stainless steel industry is currently the primary demand driver for refined nickel, accounting for more than 60% of demand this year. This is forecast by Benchmark to change in […]