Norilsk raises nickel deficit forecast for 2016 as price slumps

Opening Of Western Areas NL's Tim King Pit Nickel Mine At Spotted Quoll

The global #Nickel deficit will be at 60,000 metric tons in 2016 and the market will likely be balanced in 2015, according to #Norilsk. In its previous market update in March, the producer saw a deficit of 20,000 tons this year that would widen to 55,000 tons in 2016.

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