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Lower-than-expected low inventory data from the United States and Africa supported strong volatility in nickel prices [institutional review]_SMM

Lower-than-expected low inventory data from the United States and Africa supported strong volatility in nickel prices [institutional review]_SMM
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How will the supply and demand of nickel market go in 2022? [institutional point of view]_SMM

Institutional point of view: what is the trend of supply and demand of nickel market in 2022? According to (INSG), an international nickel research group, the global nickel market is expected to be oversupplied by 76000 tons in 2022, compared with a shortage of 134000 tons in 2021. Global original nickel production is expected to reach 3.12 million tons in 2022, an increase of about 10 per cent over 2021, while demand is expected to be 3.044 million tons in 2022, an increase of about 18 per cent over 2021.

TISCO: speed up the implementation of stainless steel joint reorganization project_SMM

[TISCO: speed up the implementation of stainless steel joint reorganization project] speed up the implementation of stainless steel joint reorganization project, promote the green and intelligent upgrading of existing stainless steel production lines, and optimize the strategic positioning of Fuzhou, Ningbo and Tianjin bases. strengthen, optimize and expand the green boutique manufacturing base. Accelerate the layout of overseas strategic resources projects, build an efficient, agile and safe global resource guarantee system, and enhance the supply capacity of stainless steel strategic resources.

Turkey stainless steel cold plate import tariff reduced by 4%_SMM | Shanghai Non ferrous Metals

[Turkish stainless steel cold plate import tariff reduced by 4%] according to a statement issued in the Turkish official Gazette, Turkey has changed the import tariff on cold-rolled stainless steel plate from 12% to 8%, effective January 1, 2022.

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