INTL NICKEL CONF: Nickel deficit to shrink to 80,000 tonnes in 2019 – INSG

摘要

The refined nickel market deficit is expected to nearly halve toaround 80,000 tonnes this year from almost 150,000 tonnes in 2018,the International Nickel Study Group said on Wednesday June 5.“The nickel market has been in deficit since 2016. This year, thedeficit is expected to be smaller than in 2018 at around 80,000tonnes,” Richardo Ferreira, director of market research andstatistics, told delegates at the conference in Amsterdam.The year started on a weak note but nickel demand picked up inMarch, mainly fueled by stronger stainless steel production inChina, he said.