In 2021, China recorded the strongest growth in the EV market with around 3.2 million EVs sold. This was an increase of 2 million EV units compared to 2020 which was more than the combined increase of all other regions taken together.
Most nickel production is destined for stainless steel. But a significant 8% is used in the production of alloy steels which are needed to deliver specific characteristics for specialised and often critical applications.