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  • Shaanxi Tonghui Steel Co., Ltd.

  • E-mail: sxthsteel@sxth-group.com

  • Tel: +86-29-89636557

  • Add: 1st Building Of Jinqiao International, Xi'an, Shaanxi,China

  • The Nickel Price Is Good For A Long Time (2)
    Aug 02, 2018

    stainless steel sheet/pipe/bar

    Continued from previous page...

    In the medium and long term, according to the three year action plan of the State Council to win the blue sky, the environmental inspection will become a normal action. The start rate of the nickel iron plant will continue to be affected by the environmental protection, and the actual increase in production of nickel iron will hardly reach the market expectations. Imports, 1-3 months of nickel iron imports fell 30%, as the Indonesian green hill three period 1 million tons of stainless steel has been put into production, so the Indonesian nickel iron reflux pressure has been significantly reduced, and it is expected that the import of nickel iron will continue to decline.

    On the demand side, nickel demand for stainless steel has maintained a steady growth, while nickel demand for electric vehicles and other fields has shown a rapid growth trend. According to the National Bureau of Statistics, the cumulative output of new energy vehicles from January to June was 476,000, a sharp increase of 88.1% over the same period last year. In the first half of this year, the production and marketing of new energy vehicles in the first half of this year is far better than that of the same period in the same period. It is expected that the production and marketing of new energy vehicles in 2018 are expected to exceed 1 million. According to the Ministry of industry and credit's "resolute three years of action plan for the fight against pollution prevention and control in industry and communication industry", it is expected that China's new energy vehicle production and sales will reach about 2 million in 2020, and the demand for high nickel three yuan battery is expected to maintain a strong growth trend.

    Please Email to:sxthsteel@sxth-group.com to learn more.