wsa state, page-35

SOTH
One can not get to over roared by bare numbers. While Nickel use and nickel inventory is heading in the right direction there are many darker numbers that the public don't readily see.
Total nickel use per year is 2,200kt/y. There is far more finished nickel in private warehouses than in LME warehouses. There is more contained nickel as nickel ore in ports than in the LME stockpile.
Nevertheless, demand for Nickel is increasing and the price must increase IMO.
RED