Nickel surplus to hit 90,000T in 2013: INSG

Apr 29, 2013 | 01:59 PM | Daniel Fitzgerald

Tags  nickel surplus, nickel production, nickel consumption, INSG, Barclays Capital, Daniel Fitzgerald

NEW YORK — Global nickel production is projected to exceed consumption by 90,000 tonnes in 2013, according to the International Nickel Study Group.

The organization projects global production of 1.86 million tonnes in 2013, up 5.7 percent from 1.76 million tonnes in 2012. Consumption is forecast to reach 1.77 million tonnes in 2013, up 7.3 percent from 1.65 million tonnes in 2012.....

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