Supply surplus overshadows demand growth: Nickel 2024 in review
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The nickel market faced mixed prospects in 2024, notching up a third consecutive year of oversupply. Demand-side growth did show strength, outpacing supply-side additions for the first time since 2021, but was insufficient to shift the market’s underlying fundamentals. Indeed, it was the supply-side that continued to dominate headlines. Despite the delayed approval to new […]