Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Language: 
Russia's Norilsk Takes Rosy Outlook for Nickel Price, with H1 Profit Triples
Sep 2, 2014 10:22Source:SMM
Norilsk Nickel’s net profit tripled in the first half of this year, the company said in its first-half 2014 interim financial results, taking bullish outlook for nickel in the medium term
SHANGHAI, Sept. 2 (SMM) – Norilsk Nickel’s net profit tripled in the first half of this year, the company said in its first-half 2014 interim financial results.
“We remain bullish on nickel in the medium term assuming that the Indonesian ban remains in place unaltered”, the company noted in the report.
The company also expected NPI output in China to reduce by over 50,000 tonnes year-on-year in 2014 and at least another 150,000 tonnes year-on-year in 2015.
“We expect that marginal supply growth will not match the increase of global metal consumption, thus driving the nickel market to balance this year and to a sizeable deficit in 2015”, it added.
Norilsk Nickel is the largest nickel and palladium producer in the world.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
Norilsk Nickel
nickel price forecast
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
Norilsk Nickel’s Premium Dipped in the Bonded Area
ccording to SMM, the inventory has increased in the bonded area, and Norilsk Nickel’s (USD deal) premium dipped.
Nov 21, 2017 16:41
LME Nickel to Drop, SMM Predicts
SHFE nickel outperformed LME nickel last week, with bigger gains, and what’s outlook for nickel market this week?
Jul 24, 2017 14:04
SMM Events & Webinars
All- May15
2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
May 15 - 25,2025Argentina & Brazil
- May20
2025 SMM ASIA METALS SEMINAR
May 20 - 20,2025Global Metals Market in Flux Geopolitics, Policies, FundamentalsNovotel Century, Hong Kong, China
- May22
2025 SMM 3rd Wire & Cable Conference & Expo
May 22 - 23,2025Suzhou, Jiangsu, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
