Global nickel market surplus at 20,500 tonnes in June — INSG

The global nickel market surplus rose to 20,500 tonnes in June from 19,500 tonnes in May, data from the Lisbon-based International Nickel Study Group (INSG) showed on Thursday.

During the first six months of the year, the global market was in a surplus of 30,800 tonnes compared with a deficit of 125,500 tonnes in the same period of 2021, INSG added.