May 17 - The latest report released by the World Metal Statistics Bureau (WBMS) shows that in March 2023, the global refined nickel production was 233,100 tons, and the consumption was 227,500 tons, a supply surplus of 5,600 tons. Global nickel ore production ...

Russian Nornickel expects primary nickel demand rise to 3.35mn t in 2023.

"Pretty much everyone accepts the current level [of premiums] is the new reality", a trader said.

This has been a year of crisis for the nickel market.

Australian resources firm IGO has resumed mining and processing nickel following a 3 December fire at its Nova operation in Western Australia (WA).

Redwood Material has signed a deal to supply Japanese battery maker Panasonic with high-nickel content cathode materials for the a planned Kansas plant according to Redwood.

Fastmarkets sources continued to insist that prices were in parity, as rare as the phenomenon is.

At present, of the 17,244 tonnes of on-warrant nickel in LME warehouses in Rotterdam, briquette accounts for more than 92%.