CAPITAL MARKETS

Russian uncertainty puts nickel forecasts in doubt

SURPLUS or deficit, that is the question bugging the world nickel industry after release of a controversial report from the International Nickel Study Group (INSG) which predicts a 35,000 tonnes surplus of metal this year.

Tim Treadgold

The INSG report said there had been a deficit last year of 42,000 tonnes but higher production and uncertain economic conditions would see this move to a surplus. Other nickel market observers do not...

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