OTCQX:BALMF - Post by User
Post by
bluerayon Dec 03, 2016 10:42am
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Post# 25550352
US nickel demand ......not seeing it anytime soon
US nickel demand ......not seeing it anytime soon Stainless steel has traditionally accounted for two-thirds of primary nickel use worldwide, with more than one-half of the steel going into the construction, food processing, and transportation sectors. ATI closing two stainless plants.....I heard on many interviews that 40% of of US stainless production will never come back online https://www.post-gazette.com/business/pittsburgh-company-news/2016/10/25/Allegheny-Technologies-posts-loss-pittsburgh-ATI/stories/201610310054