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WBMS: Global refined nickel oversupply by 12,000 tons in April 2024

The latest report published by the World Metal Statistics Bureau (WBMS) shows that in April 2024, the global refined nickel production was 293,600 tons, the consumption was 281,600 tons, and the supply surplus was 12,000 tons.

Thursday, June 20, 2024

Global nickel market sees 13,400t surplus in January – INSG

The global nickel market had a surplus of 13,400 metric tons in January, down from a surplus of 23,100 metric tons a year earlier, data from the International Nickel Study Group (INSG) showed on Thursday.

Friday, March 22, 2024

Glencore’s 2023 nickel production down 9% year-on-year

According to Full Year 2023 Production Report released by Glencore, nickel volumes fell 9%, owing to higher third-party production at INO and Murrin Murrin maintenance.

Thursday, February 1, 2024

Nickel Industries posts record quarterly output

Nickel Industries reported record quarterly output from its rotary kiln electric furnace (RKEF) projects.

Tuesday, January 30, 2024

Nornickel forecasts further nickel output drop this year

Russian metals producer Nornickel on Monday said it expected a further decline in nickel output this year, hit by adverse geopolitical risks and postponed furnace repairs, following on from a drop in production in 2023.

Tuesday, January 30, 2024

Nickel 28 Releases Ramu 2023 Production and Provides 2024 Production Guidance

For the calendar year ending December 31, 2023 Ramu produced 33,604 tonnes of nickel and 3,072 tonnes of cobalt contained in mixed hydroxide precipitate (“MHP”), exceeding Ramu’s design capacity for a 7th consecutive year.

Wednesday, January 10, 2024

Global nickel market sees 23,900 metric ton surplus in September – INSG

The global nickel market had a surplus of 23,900 metric tons in September, up from a surplus of 14,200 tons in the same month of last year, data from the International Nickel Study Group (INSG) showed on Wednesday.

Thursday, November 23, 2023

Global nickel market surplus widens in July – INSG

The global nickel market had a surplus of 28,600 metric tons in July, compared with a surplus of 15,900 tons in the same month last year, data from the International Nickel Study Group (INSG) showed on Thursday.

Friday, September 22, 2023
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