Commodity Market Report

Global nickel short-term outlook December 2020

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Nickel prices surge past US$17,000/t as SHFE nickel stock fall to their lowest level since June 2019. Other signals also point upwards: Chinese NPI supply is expected to tighten in 2021 so disruptive protests in Indonesia and New Caledonia will be an added concern; European stainless is looking stronger as higher prices could trigger re-stocking; Covid inoculation programmes have boosted market sentiment which is further supported by the future of electrification.

Table of contents

Tables and charts

This report includes the following images and tables:

    Chinese monthly stainless steel production trends, by grade (indexed)Indian hot rolled stainless importsIndian cold rolled stainless imports
    Quarterly global refined nickel 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 premiumsGlobal refined nickel supply-demand balance (kt)

What's included

This report contains:

  • Document

    Global Nickel Short Term Outlook December 2020

    PDF 1.05 MB