In 2023, the nickel market surplus widened to 242,800 metric tons from 103,900 metric tons in 2022, the data showed.

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023.

Japan's ferro silicon imports moved down by 15% y-o-y in CY'23 to 362,945 t as compared to 427,037 t in CY'22.

Japan's manganese alloys import decreased by 20% y-o-y in CY'23 to 295,605 t which was 368,063 t in CY'22.

Japan's manganese alloys import decreased by 20% y-o-y in CY'23 to 295,605 t which was 368,063 t in CY'22.

Japan's manganese alloys import decreased by 20% y-o-y in CY'23 to 295,605 t which was 368,063 t in CY'22.

Ferro chrome imports in Japan decreased 11% y-o-y to 550,415 t in CY'23 as against 617,139 t in CY'22.

...with the tonnage rising by 37,302 tonnes or 4.2% on month to reach 932,261 tonnes.