29
Apr
10:27
INSG forecasts shrinking nickel surplus in 2024
The International Nickel Study Group (INSG) has projected a nickel surplus of 109,000t in 2024, Kallanish notes.
The firm says in a statement that the nickel market faced surpluses of 98,000t in 2022, 163,000t in 2023.
According to the firm, world primary nickel production was 3.06 million tonnes in 2022 and 3.36mt in 2023. It is forecast to reach 3.55mt in 2024. The estimates, however, do not include an adjustment factor for possible production disru…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous