Global nickel output, consumption growth forecast

Oct 09, 2013 | 04:53 PM | Rey Mashayekhi

Tags  International Nickel Study Group, INSG, nickel production, nickel consumption, London Metal Exchange, Rey Mashayekhi

NEW YORK — Global nickel production and consumption are expected to increase next year but nickel stocks are likely to rise due to "disappointing usage figures outside of China and India," according to the International Nickel Study Group (INSG).

The group said that the Chinese economic slowdown has not affected that country’s domestic nickel market as much as had been anticipated, and said global production and usage would remain strong through 2014, albeit "with growth lower than in recent years."....

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