Commodity Market Report
Global nickel short-term outlook September 2020
Report summary
Nickel prices peaked in early September and then traded lower on greater downside economic risk and hints that Chinese stainless may stutter in Q4. The next rally may wait until after the Chinese New Year holiday in February 2021, with steady global economic recovery taking shape mid-year. But the prospect of continuing oversupply, from three-years of surging Indonesian NPI production will undermine prices from then on.
Table of contents
-
Asia
- China
- Japan
- South Korea
- Europe
-
North America
- USA
-
Asia
- Indonesia
-
Latin America
- Colombia
-
Oceania
- New Caledonia
- Australia
Tables and charts
This report includes 13 images and tables including:
- EU27 imports of stainless flat products highlighting rising share of China, Taiwan and Indonesia
- New Chinese stainless melting capacity due by 2022 and beyond
- South Korean trade chart or Indonesia to Korea trade
- 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 MHP production
- 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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