LONDON, May 18 (Reuters) - The global nickel market had a surplus of 6,600 tonnes in March compared with a deficit of 8,900 tonnes in the same month last year, data from the International Nickel Study Group (INSG) showed on Thursday.
That compares with a surplus of 20,400 tonnes in February 2023, Lisbon-based INSG added.
Data below in thousands of tonnes:
March March Feb 2022** 2023 2022 2023 Mine production 280.1 238.8 277.3 3,211.4Refined production 254.6 238.5 260.9 3,059.4 Refined Usage 248.0 247.3 240.5 2,956.4
Balance* 6.6 -8.9 20.4 103.0 * Balance between refined production and usage
- Revised data
News: ZMI Global nickel market in 6,600 tonne surplus in March -INSG
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