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WBMS: Global refined nickel market experiences excess supply of 41,500 tons in Apr

20 Jun 2025 11:24 reported by Joy Liu

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According to the latest report from the World Bureau of Metal Statistics (WBMS), the global refined nickel market had a supply surplus in April. Worldwide refined nickel production in the month reached 331,500 tons, while consumption was 290,000 tons, resulting in a surplus of 41,500 tons.

In the first four months of this year, global production totaled 1.3121 million tons against a consumption of 1.1557 million tons, indicating a cumulative supply surplus of 156,400 tons.

Global nickel ore production in April was 341,600 tons, and the output in the January-April period amounted to 1.3108 million tons.

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