TOKYO -- Global prices for nickel, used in stainless steel and EV batteries, are falling, pulled down by the prolonged real estate slump in major consumer China.
Commodities
Nickel prices hit 5-month low on sluggish China consumption
Country's ongoing property slump saps demand for new building materials
Though nickel is also used in EV batteries, its primary use is in stainless steel. © Reuters
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