Nickel price volatility likely to remain "pretty intense"

World output of stainless steel leapt 7.6% in 2016 and a further 6.7% in 2017 - but "a turning point" has been reached and the rate of increase can be expected to slow to perhaps 3.4% in 2018 and 2.6% in 2019, according to Jim Lennon, Senior Commodities Consultant at UK-based Macquarie Capital (Europe) Ltd.