Global nickel market in 12,100 T surplus in February - INSG
LONDON, April 18 (Reuters) -The global nickel market had a surplus of 12,100 metric tons in February, down from a surplus of 14,300 tons a year earlier, data from the International Nickel Study Group (INSG) showed on Thursday.
Data below in thousands of metric tons:
Feb 2024 | Feb 2023 | Jan 2024 | FY 2023 | FY 2022 | |
Mine production | 284.2 | 271.0 | 292.6 | 3,675.0 | 3,209.0 |
Refined production | 267.5 | 260.3 | 281.8 | 3,350.6 | 3,058.7 |
Refined usage | 255.3 | 246.0 | 271.5 | 3,121.8 | 2,956.5 |
Balance | 12.1 | 14.3 | 10.3 | 228.8 | 102.2 |
Compiled by Polina Devitt; editing by Susan Fenton
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