Tag: nickel market in India
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India’s nickel consumption shifts in FY’26; scrap, semis usage rises as primary inputs lose ground
NPI, FeNi imports plunge y-o-y amid nickel price volatility Slab imports surge 82% as mills focus on cost optimisation India’s nickel consumption in FY’26 reflects a strategic realignment rather than a demand slowdown. Total nickel content consumption edged down by 3% y-o-y to 197,523 tonnes (t), compared to 203,344 t in FY’25. However, beneath this stable…