DISER: Global Nickel Consumption Will Reach 2.9 Million Tons And 3 Million Tons From 2022 To 2023.

澳大利亚工业科学ence energy and resources (DISER) according to the report, global product of nickel consumption will increase by 15% in 2021, 2.7 million tons. In 2022 and 2023, 290 and 3 million tons respectively.Although the electric car industry booming, the stainless steel still accounts for most of global nickel consumption, under the government's stimulus spending, stainless steel production rose 15% in 2021, is expected in the next two years, however, may be gradually reduced to around 5% a year.At the same time, DISER, said a rise in the expected future nickel consumption driven mainly by the battery industry. Accelerating demand for electric cars is government stimulus measures to offset the impact of disease, coupled with the ongoing decarburization, the increasing demand for nickel.With China's domestic and overseas battery factory production, is expected in the forecast period, demand for nickel batteries will be doubledAt present, the battery industry accounts for about 6% of the native nickel consumption. However, with the improvement of the electric car penetration, plus an increase in the amount of nickel and battery, 3-5 years the proportion is expected to reach 14%, DISER, said this could be affected by the European Union, and drive demand in China and the United States. In addition, the most populous countries such as India and Indonesia local electric car value chain could promote consumption after the outlook issue.