Wednesday, June 4, 2008

Stainless steel and Nickel

Stainless steel worldwide demand is 28mn t
Top player 12% mkt shr
Top 3 players 34%
Top 6 players 61%




Production cost for Nickel is $10-$12, nickel prices should not fall further than $12
Nickel accounts for 50% of stainless steel cost

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