"We forecast nickel prices to remain under pressure next year as the surplus in the global market continues. We see prices averaging US$15,700 in 2025"
EWA MANTHEY
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Key factors driving nickel prices in 2025
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Despite 2024 challenges, the nickel industry shows promising signs of resilience and growth potential. With its future tied to emerging technologies, experts see nickel demand rising in EVs, renewable energy storage, and infrastructure projects fueling stainless steel growth in 2025.
Despite 2024 challenges, the nickel industry shows promising signs of resilience and growth potential. With its future tied to emerging technologies, experts see nickel demand rising in EVs, renewable energy storage, and infrastructure projects fueling stainless steel growth in 2025.