Nickel Commodity market overview Nornickel 2019 Annual Report
In 2019, nickel deficit in the market shrank to 42 kt (from 149 kt in 2018), driven primarily by an increased production of nickel pig iron in Indonesia and China (by 32%, or 228 kt) on the back of cheap supplies of high nickel content laterite ores. There were only marginal increases in the production of refined nickel (1%, or 11 kt) and its ...