Commodity Market Report
Global nickel short-term outlook November 2019
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Nickel prices retreat as Indonesian nickel ore exports resume and LME stock withdrawals come to an end. Chinese stainless maintains strong production rates but remains at risk of cuts as domestic market appears oversupplied. Asian penetration by Tsingshan Indonesia may slow as protectionist trade tariffs become increasingly likely. Europe is particularly concerned; as regional stainless production falls back in the face of imports, the EU launches a complaint to the WTO about Indonesian export rules for stainless raw materials.
Table of contents
- Trade action and reaction
-
Asia
- China
- Japan
- Europe
Tables and charts
This report includes the following images and tables:
- Quarterly global nickel consumption in stainless steel (kt)
- Quarterly refined nickel consumption by first use (kt)
- 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:
Other reports you may be interested in
Insight
LNG Tool Key Changes - Q1 2025 refresh
A data refresh of LNG demand and LNG shipping costs to align with our Global gas Strategic Planning Outlook.
$1,050
Insight
Corporate resilience to a tariff-induced downturn
Our Corporate and Mining experts discuss the implications of President Trump's tariff policy and the market reaction.
$1,050
Insight
Global oil supply short-term update - May 2025
Weakening demand outlook and OPEC+ easing of production cuts puts pressure on prices
$1,350
