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Nickel Wire

Global demand for nickel wire is forecast to expand 2.6% p.a. between 2016 and 2020. Currently, nickel alloy wire accounts for 93.5% of the global demand while not alloyed nickel wire has a 6.5% market share.

China, Germany, Russia, the United Kingdom and the United States are considered the highest potential markets in the coming years. China, France, Germany, South Korea and the United States represent the largest nickel wire markets while the strongest annual growth is forecast to occur in the United Kingdom (21.6%), Russia (16.1%), Ecuador (15.1%), Panama (13.6%) and Slovenia (12.9%).

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