Tag: primary nickel consumption

INSG forecasts global nickel market surplus of 19,000 t in 2026, rising to 70,000 t in 2027

Oct 15, 2026

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by

Manya Dewangan

in Nickel

Indonesia’s nickel ore quotas remain key supply-side factor Growing stainless steel production to support nickel consumption The International Nickel Study Group (INSG), following its meetings held on 12-13 October 2026, forecast the global primary nickel market to remain in surplus in both 2026 and 2027, although the surplus is expected to narrow significantly from 2025…