According to International Nickel Study Group (INSG), surplus in global nickel market dropped to 100 tons in March compared to a surplus of 10,600 tons during the same month a year ago.
The figure was revised to around 18,700 tons in February.
Meanwhile, INSG also indicated that the primary nickel production was 157,700 tons in March and the consumption totaled 157,600 tons.
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