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Home / Metal News / Global nickel demand to increase to 2.52 million mt in 2020: INSG

Global nickel demand to increase to 2.52 million mt in 2020: INSG

Oct 23, 2019 10:32

Source:SMM

Nickel production is expected to grow to 2.48 million mt

SHANGHAI, Oct 23 (SMM) – Global nickel demand is expected to increase to 2.52 million mt in 2020, from 2.45 million mt in 2019, said International Nickel Study Group (INSG) on Tuesday.

The group, meanwhile, expects global nickel production to grow from 2.37 million mt in 2019 to 2.48 million mt next year.

Production data

Nickel

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The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.14 million mt per day in the first ten days of July, down 5.56% from late June and up 0.32% from the same period a year ago.

Jul 14, 2021 13:47

Analysis

Daily crude steel output at CISA key mills fell 5.56% in early July

Daily crude steel output at CISA key mills rose 0.75% in early May

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.42 million mt per day in the first ten days of May, up 0.75% from late April and up 17.84% from the same period a year ago.

May 20, 2021 11:25

Analysis

Daily crude steel output at CISA key mills rose 0.75% in early May

Daily crude steel output at CISA key mills rose 3.25% in late April

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.4 million mt per day in the last ten days of April, up 3.25% from mid-April and up 19.27% from the same period a year ago.

May 11, 2021 10:00

Analysis

Daily crude steel output at CISA key mills rose 3.25% in late April

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SHFE nonferrous metals broadly fell on Thursday December 31 as multiple markets closed early for New Year's Eve.

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SMM Comments

SMM Evening Comments (Dec 31): Shanghai nonferrous metals fell across the board

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SMM Comments

SMM Morning Comments (Dec 29): LME base metals were mostly higher after trading resumed

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SMM Comments

SMM Morning Comments (Dec 9): Shanghai base metals and the LME complex mostly advanced

SMM Evening Comments (Dec 8): Shanghai nonferrous metals closed mostly higher as investors remained cautious over post-Brexit trade deal

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SMM Comments

SMM Evening Comments (Dec 8): Shanghai nonferrous metals closed mostly higher as investors remained cautious over post-Brexit trade deal

SMM Morning Comments (Nov 6): Shanghai base metals performance mixed as US election uncertainty remains

Shanghai base metals traded mixed on Friday morning, as investors continue to wait for a result from the US election. Meanwhile, their counterparts on the LME were mostly higher.

Nov 6, 2020 09:55

SMM Comments

SMM Morning Comments (Nov 6): Shanghai base metals performance mixed as US election uncertainty remains

SMM Evening Comments (Sep 17): Shanghai nonferrous metals fell across the board

SHFE nonferrous metals fell across the board on Thursday September 17.

Sep 17, 2020 18:02

SMM Comments

SMM Evening Comments (Sep 17): Shanghai nonferrous metals fell across the board

SMM Morning Comments (Sep 17): Nonferrous metals fell across the board after the Fed hints low rates until 2023

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Sep 17, 2020 10:01

SMM Comments

SMM Morning Comments (Sep 17): Nonferrous metals fell across the board after the Fed hints low rates until 2023

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Global nickel demand to increase to 2.52 million mt in 2020: INSG

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2nd Li-ion Battery Europe 2024

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