Global nickel demand to increase to 2.67 mln tonnes in 2021 -INSG


April 28 (Reuters) - Global demand for nickel is expected to increase to 2.67 million tonnes in 2021 from 2.39 million tonnes in 2020, the International Nickel Study Group said on Wednesday.

Global output of nickel is expected to rise to 2.72 million tonnes from 2.49 million tonnes, the Lisbon-based group said, adding the implicit market balance is a surplus of 45,000 tonnes in 2021.

(Reporting by Bharat Govind Gautam and Arpan Varghese in Bengaluru. Editing by Jane Merriman)


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.