04
Jul
05:40
Nickel prices to weaken on market surplus: Australian government
Nickel supply surplus over the next two years will keep nickel prices lower, according to the Australian government’s latest Resources and Energy quarterly report seen by Kallanish.
The LME nickel price, which is forecast to average about $23,000 a tonne in 2023, is expected to fall to $20,600/t in 2024 and $20,000/t in 2025.
This benchmark price has weakened in net terms since the March 2023 Resources and Energy Quarterly, as fears build of a ha…
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Anonymous
Very good overview of the weekly steel market.
Anonymous