New nickel supply to weigh on market, not swamp it

Reuters reports a plethora of nickel projects starting up in the next two years will not cause huge supply surpluses.

The market news is quoted as saying,

“Nickel supply will go from a deficit last year and in the first part of this year to a surplus in the second half of this year and in 2012 and 2013,” Macquarie analyst Duncan Hobbs said.

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