27
Jun
13:44
Nickel price rises while supply growth stalls
The nickel price reached a relative high at $15,000/tonne and above at the LME recently, while the global supply deficit in nickel remains very real, according to Roland Mauss of scrap merchant Oryx Stainless.
Mauss cites figures from the International Nickel Study Group (INSG) and Norilsk Nickel estimates, which both show a big gap. INSG calculates 117,000 tonnes for the whole year of 2018 and in the first quarter 2018 excess demand is supposed to have been 39,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous