WBMS reports global refined nickel surplus of 12,500 tons for H1 2026

The World Bureau of Metal Statistics (WBMS) has released data indicating that global refined nickel production totaled 304,200 metric tons in June, while consumption stood at 291,700 metric tons, resulting in a monthly surplus of 12,500 tons.Asian Metal Copyright Over the first half of 2026, cumulative refined nickel production reached 1.Asian Metal Copyright This surplus marked a reversal from the deficit recorded in the previous month, driven largely by weaker demand.

Over the first half of 2026, cumulative refined nickel production reached 1.8086 million metric tons, with consumption at 1.Asian Metal Copyright7659 million metric tons, yielding a total surplus of 42,700 metric tons for the period.Asian Metal Copyright7659 million metric tons, yielding a total surplus of 42,700 metric tons for the period.

In addition, global nickel ore production amounted to 344,900 metric tons in June, bringing the total for the January–June period to approximately 2 million metric tons.

.Asian Metal Copyright7659 million metric tons, yielding a total surplus of 42,700 metric tons for the periodAsian Metal Copyright