Tag: nickel oversupply concerns
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Indonesia announces sharp nickel production cuts, revised pricing mechanism
Mining quota cut signals stronger government supply control Ore pricing reforms likely to add to downstream cost pressures SteelDaily: Indonesia, the world’s largest nickel producer, has announced plans to significantly curb nickel mine output in 2026, reviving concerns over a potential shift from oversupply to tighter market conditions. The Indonesian Nickel Mining Association (APNI) stated…