In 2023, the nickel market surplus widened to 238,800 metric tons from 103,900 metric tons in 2022, the data showed.
Data below in thousands of metric tons:
| Jan 2024 | Jan 2023 | Dec 2023 | FY 2023 | FY 2022 | |
| Mine production | 289.9 | 263.2 | 313.8 | 3,675.7 | 3,208.2 |
| Refined production | 282.2 | 256.4 | 294.5 | 3,344.7 | 3,058.7 |
| Refined usage | 268.9 | 233.4 | 265.6 | 3,105.9 | 2,954.8 |
| Balance | 13.4 | 23.1 | 28.9 | 238.8 | 103.9 |
(Reporting by Anjana Anil in Bengaluru; Editing by David Gregorio)


