General Review Of Nickel In 2009 And Its Outlook For New Year (2)-( Continued from our No.9892 dated January 22, 2010 )

摘要

Nevertheless, reflecting the extremely risen nickel price as seen in 2007 and 2008, consumers left from nickel and this case caused to change the composition in consumption of raw materials for production of stainless steel, having resulted in a fall of nickel price. The ratios of nickel-based stainless steel produced in Japan for the last 2 years were <> 2008 : 57% and <> 2009 : 61%, having recovered by 4% from that in 2008. This recovery in production of nickel-based stainless steel was due to a considerable reduction in production of chrome-based stainless steel caused by a substantial decline in the automobile industry.