08
Mar
02:11
Macquarie sees nickel edging towards balance sooner
The global nickel market appears to be closer to a balance between supply and demand than previously assessed, Kallanish notes from a recent Macquarie report.
The research house has revised its 2023 Chinese nickel consumption estimate up from just under 2 million tonnes to 2.1m t, representing year-on-year growth of almost 17%.
Macquarie also discovered that 2023 Indonesian exports and Chinese imports of nickel pig iron/ferronickel included around 40-45,000 t of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous