Commodity Market Report
Global nickel short-term outlook August 2020
Report summary
Nickel prices continue to increase despite a market exhibiting substantial surplus in 2020. Prices should be falling, and yet they are still rising because of strong fundamentals in China. Clearly, the day to day impact on the global economy from the pandemic is a substantial downside risk, as is the fact that the recession is not yet over, and demand is not going to return to pre-pandemic levels anytime soon. But the market does not appear to be very concerned with those negative factors right now.
Table of contents
-
Asia
- China
- Indonesia
- Europe
-
North America
- USA
-
Nickel in non-stainless
- Nickel alloys
Tables and charts
This report includes 12 images and tables including:
- China's top 10 stainless producers after the Baowu-Tisco merger (ranked on 2020)
- Indonesian exports of stainless slab and billet
- Aircraft deliveries down sharply in 2020 due to the pandemic
- Global quarterly refined consumption (kt)
- Quarterly global stainless steel production (kt raw steel basis)
- Global refined nickel consumption (kt)
- Global stainless steel production (kt raw steel basis)
- Global nickel mine production/capability (kt)
- Global nickel smelter production/capability (kt)
- Global finished nickel production/capability (kt)
- Nickel stocks and premiums
- Global refined nickel supply-demand balance (kt)
What's included
This report contains:
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