This year, there will probably be a surplus of nickel due to higher production than demand
The International Nickel Study Group said the world’s primary nickel output will outpace demand in 2022 and 2023, resulting in surpluses of 1.44 lakh tonnes this year and 1.71 lakh tonnes the following year. The International Nickel Study Group (INSG) has predicted that production will be 3.036 million tonnes (mt) this year and will likely…