Nickel Hits Lowest Since December 2025
Nickel fell below $15,300 per tonne, hitting its lowest level since December 2025, as concerns over a global surplus continued to weigh on prices. The International Nickel Study Group revised its 2026 outlook from a 32,000-tonne deficit to a 19,000-tonne surplus and expects the excess to widen to 70,000 tonnes in 2027.