According to the International Nickel Study Group (INSG), the global nickel market recorded a surplus of 13,400 metric tons in January, marking a decrease from the surplus reported a year earlier. The data also reveals a notable decline from the surplus recorded in December 2023. In 2023, the nickel market witnessed a significant surplus expansion compared to the previous year, highlighting evolving dynamics in the nickel sector.
Global Nickel Market Reports 13,400 Metric Ton Surplus in January: INSG