Will the supply tightness ease as highgrade nickel matte production comes on stream? Will nickel price in 2022 repeat the strong momentum in 2021?
The announcement of Tsingshan’s highgrade nickel matte project has triggered new thinking
about the pricing scheme. A number of highgrade nickel matte projects emerged in 2021, with a
combined planned capacity of 294,000 mt over the next five years. Will the supply tightness
ease as highgrade nickel matte production comes on stream? How will the stainless steel prices
perform on the backof rising supply driven by additional production capacities?