Global nickel market in 11,900t surplus in May – INSG

  • Wednesday, July 19, 2023
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, steel, ferronickel
[Fellow]The global nickel market had a surplus of 11,900 metric tons in May, compared with a surplus of 13,900 tons in the same month last year, data from the International Nickel Study Group (INSG) showed on Tuesday.

[Ferro-Alloys.com] 

Global nickel market in 11,900t surplus in May – INSG

The global nickel market had a surplus of 11,900 metric tons in May, compared with a surplus of 13,900 tons in the same month last year, data from the International Nickel Study Group (INSG) showed on Tuesday.
 
That compares with a surplus of 18,800 metric tons in April 2023, Lisbon-based INSG added.
 
Data below in thousands of tons:

  May 2023 May 2022 April 2023 2022
Mine production 296.4 272.2 290.3 3,210.80
Refined production 269.9 253.3 263.5 3,058.90
Refined usage 258.1 239.4 244.7 2,956.40
Balance 11.9 13.9 18.8 102.5

 

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  • [Editor:邢亚敏]

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