Masspro Ferro Nickel
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Nickel is widely used in special steel application when toughness and hard ability is demanded. Pure nickel is an import commodity. The price of which is controlled by lme and the volatility of price is very high. To site an example, the price of nickel increased in 2006-2008 from 12000$tonne to 52000$tonne. Alloys steel producers faced enormous difficulty in adjusting to this volatility and recovering it from the end users. One of the alternatives to address this volatility is by recycling nickel based scrap.