Commodity Market Report
Global nickel short-term outlook June 2023
Report summary
Nickel prices fall again in June, and with all nickel forms in oversupply, are they heading for a longer-term decline? While China’s government announced measures to boost EV sales, its stainless market is only improving slowly, so we have reined in our bullish outlook for H2. Other stainless centres of the world are broadly flat this year, while the ever improving aerospace segment is struggling with superalloy availability.
Table of contents
- Nickel sulphate prices
-
Nickel in stainless
- Asia
- China
- India
-
Nickel in non-stainless
- Aerospace alloys
- Paris Airshow 2023
- Appendix - Data Tables
Tables and charts
This report includes 15 images and tables including:
- Quarterly global nickel consumption in stainless steel (kt)
- Quarterly refined nickel consumption by first use (kt)
- 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 premiums
- Global refined nickel supply-demand balance (kt)
- Aircraft deliveries
- Nickel in concentrate balance
- Nickel smelters short of concentrate feed
- Uncontracted nickel concentrate availability
What's included
This report contains:
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