"Nickel's fundamentals have improved as de-profiting comes
to the end in the industry, plus unfolding de-capacity, as well
as huge potential room for future new consumption fields mean
nickel has become one of most promising metals for investment,"
Yang Zhiqiang said in an article published on
Jinchuan’s website. Yang cited four factors
including improved fundamentals, major structural adjustments
in the industry, changes in consumption structures, and
the historical record of nickel prices to support his
positive point view. Better fundamentals The global market will
see a continuous nickel deficit nickel from 2016, as continuous
falls in nickel prices since 2007 have led to a reduction in
supply and increases...