The global nickel market is poised for a larger surplus next year, driven by continued production expansion in Indonesia, Japan’s largest nickel smelter Sumitomo Metal Mining said on Wednesday.
Jindal Stainless, India’s largest stainless steel manufacturer, has announced the commissioning of its Nickel Pig Iron smelter facility located in an industrial park in Halmahera Islands, Indonesia, eight months ahead of the scheduled timeline.