Stumbling commodity prices have forced mining companies to take a hard look at their operational efficiencies and to re-evaluate the margins of certain projects. And like most commodities, nickel has not had a particularly encouraging 2013 with the metal price currently at US$13,966/t. In addition, the latest statistics from the International Nickel Study Group show that the global nickel market was in surplus by 90,300 tonnes in the first seven months of the year.
As a player/analyst of the nickel sector, what do you think is the most pressing issue the industry is facing in 2014?
Earlier this year, Macquarie Securities’ Chairman Commodities Research Jim Lennon identified China as “being virtually the ONLY growing market for nickel and stainless steel over the past decade. India is gradually growing but from a low base.” It is inevitable that China will continue a major role in the market in years to come. In this context, Informa International Mining and Metal Series is pleased to announce the 2014 China Nickel conference. This annual event in Shanghai will again bring together global nickel and stainless steel stakeholders with an interest in the Chinese market, for two days of knowledge-sharing and networking. Contact the Event Director Diana Lauzi (email@example.com) for upcoming speaking and sponsorship opportunities at the event. Visit the China Nickel website for more information about previous events.