Nornickel presents market review of nickel and platinum group metals
Green Car Congress
JUNE 4, 2023
In early 2023, nickel has been the worst performer among base metals on the London Metal Exchange (LME). This is primarily due to a significant surplus in the Class 2 market that occurred in 2022 and is expected to remain throughout 2023-2024, mainly owing to growing production of low-grade nickel in Indonesia. Mt to 3.22
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