Market will eye US crude oil stocks and May existing home sales today.

SPOKANE (Scrap Monster):The latest Metals Balances Report for the first four months of the current year released by the World Bureau of Metal Statistics (WBMS) indicates that Nickel market has ended in a small deficit during

EDGWARE (Scrap Monster): The global refined nickel market deficit widened to 10,100 tonnes in April this year, in comparison with the previous month, in accordance with the latest statistics released by the International nickel Study Group (INSG). The nickel d...

[Ferro-Alloys.com]BHP Billiton announced to increase Nickel West investments, will vigorously develop high grade nickel mines and restart pending projects.

[Ferro-Alloys.com]= Supply is anticipated to be less than consumption due to continuing production curtailment =

Global nickel market ended in small deficit of 8,400 tonnes in January-March 2016 with apparent demand exceeding production. According to WBMS, the calculated full year surplus had stood at 33.6 kt during the whole year 2015.

The new additions to the LME’s ferrous suite – LME Steel Scrap and LME Steel Rebar – have seen considerable support from the market since their launch in November 2015.

On April 25, Mitsubishi Corporation announced that it would sell a 30.0% shareholding owned by the Company in Strand Minerals Pte Ltd. to Eramet S.A.