Global Aluminum and Nickel Market: Key Challenges and Top Solutions

Growing concerns of a global economic slowdown, prevailing geo-political tensions, and energy turmoil, have drastically impacted the global aluminum and nickel market. Production of energy-intensive aluminum has severely been affected by the shutdown of plants, due to skyrocketing energy costs. The demand for nickel has fallen due to growing fears of recession, inflation, and weakened demand from the stainless steel industry. The current trends, predict a drop in demand and fluctuations in spot prices for these metals which are critical to industries such as automotive, manufacturing, high-tech, life sciences, and more.