LME Unveiled Review Report on Nickel Crisis
The report narrates a series of shortcomings at the LME in the run-up to the unforeseen event. SEATTLE (Scrap Monster): The London Metal Exchange (LME) should tighten its rules and enforcement…
World Nickel Market Posted Deficit in Jan-Oct ’22
The Chinese smelter/refinery output has dropped by 62.3 kt over the corresponding ten-month period in 2021. SEATTLE (Scrap Monster): The apparent demand for nickel metal exceeded production during the initial ten-month…
World Nickel Market Ended in Surplus Till September
The monthly smelter/refinery production of nickel totalled 255.2 kt in September 2022. SEATTLE (Scrap Monster): The apparent production of nickel metal exceeded demand during the initial nine-month period of the current…
World Nickel Metal Balance Recorded Surplus
The monthly smelter/refinery production of nickel totalled 255.2 kt in September 2022. SEATTLE (Scrap Monster): The apparent production of nickel metal exceeded demand during the initial nine-month period of the current…
World Nickel Market Posted Deficit in Jan-Aug ’22
The Chinese smelter/refinery output has dropped by 49.2 kt over the corresponding eight-month period in 2021. SEATTLE (Scrap Monster): The apparent demand for nickel metal exceeded production during the initial eight-month…
INSG Foresees Nickel Demand Boost in 2023
The world primary nickel production had totalled 2.612 Mt in 2021. SEATTLE (Scrap Monster): The International Nickel Study Group (INSG) announced its observations on global nickel market in 2022 and 2023,…
INSG Predicted Boosted Nickel Demand Next Year
The world primary nickel production had totalled 2.612 Mt in 2021. SEATTLE (Scrap Monster): The International Nickel Study Group (INSG) announced its observations on global nickel market in 2022 and 2023,…
Sumitomo Metal Mining Anticipates Deficit Global Nickel Market in 2023
The supply too is expected to see 9% increase to 3.08 million tonnes, driven by notable increase in low-grade nickel pig iron (NPI) output in Indonesia. SEATTLE (Scrap Monster): Tokyo, Japan-based…
Sumitomo Metal Foresees Deficit Global Nickel Market in 2023
The supply too is expected to see 9% increase to 3.08 million tonnes, driven by notable increase in low-grade nickel pig iron (NPI) output in Indonesia. SEATTLE (Scrap Monster): Tokyo, Japan-based…
World Nickel Market Posted Deficit in First Seven Months
The monthly smelter/refinery production of nickel totalled 242.6 kt in July 2022. At the same time, monthly demand totalled 235.6 kt. SEATTLE (Scrap Monster): The apparent demand for nickel metal exceeded…
World Nickel Market Posted Deficit in Jan-July ‘22
The monthly smelter/refinery production of nickel totalled 242.6 kt in July 2022. At the same time, monthly demand totalled 235.6 kt. SEATTLE (Scrap Monster): The apparent demand for nickel metal exceeded…
Vale sees 44% increase in global nickel demand by 2030
Brazilian mining company Vale (VALE3.SA) said on Wednesday that global demand for nickel should increase 44% by 2030 compared to that expected for this year, due to high demand for…
World Nickel, Tin Markets Ended in Deficit, Zinc in Surplus
The gobal nickel market ended in deficit of 49,800 tonnes in HI this year. SEATTLE (Scrap Monster): The latest Metals Balances Report released by the World Bureau of Metal Statistics (WBMS)…
World Nickel Market Posted Deficit Till June
The monthly smelter/refinery production of nickel totalled 245.3 kt in June 2022. At the same time, monthly demand totalled 244.7 kt. SEATTLE (Scrap Monster): The apparent demand for nickel metal exceeded…
World Nickel Market Recorded Deficit Till June
The monthly smelter/refinery production of nickel totalled 245.3 kt in June 2022. At the same time, monthly demand totalled 244.7 kt. SEATTLE (Scrap Monster): The apparent demand for nickel metal exceeded…
World Nickel Market Recorded Deficit Till May 2022
The reported stocks of the metal at the London Metal Exchange (LME), as at end-May this year stood lower by 30.4 kt. SEATTLE (Scrap Monster): The apparent demand for nickel metal…