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24 Feb
09:37

Eramet signals deficit in nickel demand:supply balance

French miner Eramet says that the market saw a deficit in the nickel supply/demand balance in 2019. The company revealed this in a nickel market analysis in its latest operating report monitored by Kallanish. Demand for primary nickel was up 3.6% last year to 2.4 million tonnes, boosted by both stainless steel production and the development of electric vehicle batteries. In parallel, global primary nickel production was up significantly by 8.9% y-o-y to 2.3mt at eā€¦
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