Commodity Market Report
Global nickel short-term outlook February 2020
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The global outbreak of Covid-19 is pushing nickel prices lower. Quarantine measures in China have severely disrupted logistics nationwide. The build up of stock through supply chains is substantial, so that even if containment allows some normality to return, it will take considerable time for those bottlenecks to unwind. But as stainless mills and NPI smelters cut production, attention has now turned to the rest of the world, where the spread of the virus is still at a comparatively early stage.
Table of contents
- Chinese stainless and Covid-19
-
Asia
- Indonesia
- Japan
- Europe
- North America
- Nickel in battery materials
Tables and charts
This report includes the following images and tables:
- Stainless production in China dips in Q1
- European stainless turnaround possible from H2
- 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)
- Indonesian stainless steel melt production outlook
What's included
This report contains:
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