Global nickel demand is expected to increase to 3.02 million tonnes in 2022 from 2.78 million tonnes in 2021, according to the International Nickel Research Organization (INSG).
Global nickel production is expected to increase to 3.082 million tons in 2022 from 2.608 million tons in 2021.
The world is expected to have a nickel surplus of 67,000 tonnes in 2022, compared with a shortfall of 168,000 tonnes in 2021.
