[Ferro-Alloys.com] In Dec. 15th, The International Nickel Study Group published Tuesday that global nickel surplus shed to 6800t. During the first ten months, global nickel surplus is 67100t, accounting for 4 percent of the annual demand. Nickel oversupply directly beat the nickel price, which hit a decade low in last month to $8000/t. In October, global refined nickel output is 164700t, more than consumer’s demand of 157900t as September’s surplus revised to 10700t. In the first ten months, global nickel consumption is 1574700t, an increase of 0.9 percent year over year and primary nickel output is 1641800t, a decrease of 1.2 percent year over year.

• [Editor:Juan]