Author: Drishya Yadav
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Japan: Sumitomo Mining projects global nickel supply shortfall in 2022
Sumitomo Metal Mining has forecast that the global nickel market in 2022 is likely to witness a supply shortage of 68,000 t. In 2021, there was a supply shortage of 135,000 t. Indonesia’s nickel pig iron (NPI) production is expected to increase significantly and demand for stainless steel is expected to remain strong as sourcing…