Nickel markets have been underwhelming the past couple of years as an oversupply of the base metal exceeded demand. It was a trend that continued through the last quarter of 2024. Indonesian supply ...
Nickel prices were stagnant in 2025, trading around US$15,000 per metric ton (MT) for much of the year. Weighing heavily on the metal was persistent oversupply from Indonesian operations. Meanwhile, ...
Nickel prices fell sharply in July, erasing gains from the previous quarter, while the Stainless Monthly Metals Index (MMI) also declined. Stainless steel service centers and major end-users like ...
Nickel started 2023 high after a rally at the end of 2022, but supply and demand pressures saw the base metal's price decline throughout the year to close nearly 50 percent lower at US$16,375 per ...
Nickel prices experienced a short-lived rally but later fell due to a bearish outlook and ballooning inventories. The stainless steel market showed mixed signals, with improved demand conditions but ...