Nuclear Fuel: US, EU Requirements Fall in 2021, With Inventories

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Combined 2021 nuclear fuel data from the EU and US captures the lowest demand forecast in nine years, but of necessity leaves out what's needed for a truly reliable forecast: namely the ultimate impact on global nuclear fuel markets of Russia's invasion of Ukraine earlier this year. Any reliable supply-demand forecast may have to wait until political leaders on both sides of the Atlantic provide regulatory clarity on Russian-supplied nuclear fuel, which makes up roughly one-third of US and EU demand.

Topic:
Nuclear Fuel
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