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[www.ferro-alloys.com] As reported, International Nickel Study Group announced on Tuesday that global nickel oversupply shrunked 50% to 53200t from Jan. 2015 to Nov. 2015. The data shows that the global consumption of nickel added 1.4% to 1738500t year over year and global original nickel output declined 1.6% to 1791700t. Additionally, the global nickel market supply met a shortage of 3400t in November and a surplus of 5300t in October 2015. In November, global original nickel production slumped 4.5% to 157600t month over month and nickel consumption advanced to 161000t at the same thirty days. Nickel price’s collapse has made miners, producers and traders under significant pressure and pushed investors to withdraw capital from the market.

• [Editor:Juan]