Goldman Sachs thinks nickel is trading like a biotechnology or software startup as demand for the metal from the electric vehicle sector gives steel-related demand a run for its money

As reported by Reuters: “Nickel is defying both the general macroeconomic concerns weighing on other industrial metals and signs its own internal dynamics are weakening. Nickel bulls are undeterred, keeping faith with the metal’s future prospects as a key raw material in the coming electric vehicle (EV) revolution…”

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