July 18 (Reuters) - The global nickel market had a surplus of 11,900 metric tons in May, compared with a surplus of 13,900 tons in the same month last year, data from the International Nickel Study Group (INSG) showed on Tuesday.
That compares with a surplus of 18,800 metric tons in April 2023, Lisbon-based INSG added.
Data below in thousands of tons:
May May April 2022 2023 2022 2023 Mine production 296.4 272.2 290.3 3,210.8 Refined production 269.9 253.3 263.5 3,058.9 Refined Usage 258.1 239.4 244.7 2,956.4 Balance* 11.9 13.9 18.8 102.5 * Balance between refined production and usage
July 18 (Reuters) - The global nickel market had a surplus of...
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