lead to a stable and constant nickel supply to the domestic market of South Korea.

South Korea is among the world's largest consumers of nickel, but its economy is suffering severely because of soaring nickel prices that reached the record value of $ 32625 per ton in 2006. However, the commencement of new project will increase the nickel production. The increased nickel production is anticipated to reduce its prices that will augment the profitability of key nickel-consuming industries.

According to the RNCOS' recent report, "Nickel Market Outlook (2007)", South Korea stands at number four in the list of largest nickel-consuming countries in world. The main nickel-consuming sectors include Electronics Manufacturing, Stainless Steel Production and Automotive Sector. The consumption of nickel in South Korea is anticipated to reach 130,000 Ton by 2006 and 155,000 Ton by 2010.

This Nickel market research report addresses some interesting issues for today's global business environment:

§Situation of Nickel stock and contracts on London Metal Exchange
§Insight into current market trends
§Top ten countries according to production and consumption levels
§Factors driving growth and change in the global nickel market
§Competitive environment and market leaders
§Key Challenges and Opportunities in the nickel market
§Future outlook of the market

For more information visit: http://www.rncos.com/Report/IM086.htm
Current Industry News: http://www.rncos.com/blog

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