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Is ATI Inc. (ATI) Among the Best Nickel Stocks to Buy According to Hedge Funds?

We recently collected a list of 12 Best Nickel shares for purchase according to hedge boxes. In this article, we will look at the place where ATI Inc. (NYSE: ATI) against other nickel stocks.

Nickel is a metal widely used in manufacturing. It is a main component of stainless steel and is estimated to resist corrosion. It is also among the most abundant resources. According to the International Nickel Study Group, primary Nickel production will increase by 4.6 % worldwide in 2024, then an additional 3.8 % in 2025. It will be about 150,000 tons of nickel in the world in 2025, according to Nurnich, most of them in high -quality nickel sectors.

The nickel industry flourishes. According to Fortune Business visions, the global nickel market is estimated at $ 41.61 billion in 2023, and it is expected to grow at an annual CAGR rate of 7.3 %, from 44.59 billion dollars in 2024 to 73.15 billion dollars by 2023. Moreover, the Nickel Market in the United States is expected to expand to $ 2.01 billion. By 2032, led by the electric car industry, continuous infrastructure projects, and strong demand for stainless steel production.

However, the investment of nickel shares may be difficult. The mining companies are periodic, and the stock prices fluctuate in line with the market price for nickel. Fears of the recession and the decline in industrial demand for the fluctuation of nickel prices in early 2025, decreased from about $ 17,000 per mitinous ton to less than 16,000 dollars in March, according to the S & P Global Commodity Insights. Since nickel is necessary for NCM and NCA batteries in electric cars, the long -term demand image is still favorable. During the year 2030, the demand for nickel from EV batteries is expected to increase by 15 % to 20 % worldwide (IRENA). Long -term supply agreements have been negotiated by the main auto manufacturers to ensure nickel access at the battery level.

However, the prices were under pressure due to the expansion of the supply, especially from Indonesia, which produced more than 1.6 million metric tons in 2024 and represented about 50 % of the global offer. Despite the high costs and environmental concerns, the export ban in Indonesia and the growth of HPAL projects change the scene of the supply chain. Although there are environmental and legal barriers, the Philippines also increases their production. The market is more complicated by geopolitical concerns. Western sanctions are forced Russian supplies to redirect China, while the European Union is looking for alternatives in countries such as Canada and Australia. Trump’s plans, which include potential definitions on Chinese nickel, have developed an intense focus on the extraction of basic resources in the United States. The average LEME 3M price is expected to be $ 16,026 in 2025, according to the S& PLOBAL, with display disorders and changes in commercial policy are the main concerns.

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2025-04-28 15:19:00

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