Tag: market surplus
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INSG forecasts nickel surplus of 135,000 t for CY’25, primary output may reach 3.64 mnt
The International Nickel Study Group (INSG) has forecasted surpluses of 167,000 tonnes (t) in 2023, 170,000 t in 2024, and 135,000 t in 2025. The global economy is expected to maintain a growth trajectory in 2024 and 2025, similar to the trend seen in 2023. Nickel market forecast for 2024, 2025 In Indonesia, production of…