India's finished flat stainless steel exports drop 15% in H1. Demand recovery likely from late H2

WBMS: Global refined nickel oversupply was 1,500 tons in June 2024

South Africa's mining production decreased by 3.5% y/y in June

Eastplats first-half production report of 2024

Ferrochrome production attributable to the Johannesburg Stock Exchange-listed Merafe Resources from the Glencore Merafe Chrome Venture for the six months to June 30 was a 17%-lower 154 000 t compared with the same period in 2023.

Own sourced nickel production of 44,200 tonnes was 2,200 tonnes (5%) lower than H1 2023; attributable ferrochrome production of 599,000 tonnes was 118,000 tonnes (16%) below H1 2023.

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 161.4 million tonnes (Mt) in June 2024, a 0.5% increase compared to June 2023.

Mining production in South Africa was flat year-on-year in May 2024, after an upwardly revised 1.4% rise in the prior month.