Shift to infrastructure spending, electric vehicles set to boost nickel

Shift to infrastructure spending, electric vehicles set to boost nickel

By Yash Sawant

The promising recovery in base metals in recent months despite the ongoing global crisis has left markets in awe.

After collapsing in the first months of 2020, base metal prices recovered thanks to a stellar recovery in the Chinese economy (since Q2-2020) as the rest of the world continued to struggle to tame the new coronavirus. Nickel, the main raw material for stainless steel,…

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