Original article today written in Russian and deciphered at...

Original article today written in Russian and deciphered at Google. More good news for the best base metal!!

January 29, 2007. Êèòàé:  2007 ãîäó ñïðîñ íà íèêåëü áóäåò âûñîêèìChina : In 2007, the demand for nickel is high ...state Shanghai Securities ×æó Ëèìèíü.Demand for nickel in China remain in the 2007 high, in spite of a probable increase in the price, said analyst consulting company Shanghai Securities Zhu Limin.

"High world prices for nickel partly reflects the growth in demand for the metal in China," said Zhu Limin.

According to the committee's development and reform, in the year 2006, China increased imports of nickel by 7.6% compared to 2005, to 86.91 Thousands òîíí.tons.

Increased demand for nickel in China will also help increase production in the PRC stainless steel. The planned capacity for the manufacture of stainless steel at the end of 2007 was 10 million òîíí â ãîä ïî ñðàâíåíèþ ñ 6 ìëí.tons a year, compared with 6 million tons at the end of 2006.
According to Zhu Limina, domestic nickel prices to a lack of nickel in the world market. According to the London Metals Exchange, its nickel reserves, as of January 19 fell to 5,200 òîíí.tons.

ÈÍÒÅÐÔÀÊÑ-ÊàçàõñòàíInterfax-kazahstan

NO THIS WASNT WRITTEN BY BORAT!!!!!