Category: Nickel

Surplus expected to narrow from CY’25 Indonesian NPI output falls 2.3% Sumitomo Metal Mining expects the global nickel market to remain in a slight surplus in 2026 and 2027, with the balance projected at 38,000 t and 34,000 t, respectively. The surplus is expected to narrow significantly from 268,000 t in 2025, reflecting lower supply…