2020 Is A Hard Year For Global Nickel Market
According to the International Nickel Study Group (INSG), the global nickel market oversupply in January expanded to 13,100 tons, compared with 5,200 tons in the previous month. In January 2019, the global nickel market shortage was 3,500 tons.
Importance of nickel for stainless steel pipes
Nickel is an important element of stainless steel pipes, which directly affects the corrosion resistance of stainless steel pipes. When nickel and chromium are combined, a single austenite is formed, and the corrosion resistance of non-oxidizing media (such as dilute sulfuric acid, phosphoric acid, etc.) is fully displayed, and the stainless steel welding, cold bending and other process properties are all improved.