Global Nickel Metals Report Q4 2016

Publisher Name :
Date: 05-Oct-2016
No. of pages: 79

BMI View: We have revised down our nickel price forecasts to reflect a rebalancing of the global market,

which will move into surplus from 2017 onwards. We now expect prices to have a muted recovery from

USD9,000/tonne in 2016 to USD10,200/tonne by 2020, as the surplus will narrow over the years. Prices

will be weaker than we previously expected due to a larger absolute fall in demand compared to the fall in

production.

Latest Developments And Structural Trends

Price Forecast

- Refined nickel prices will remain elevated on a three-month horizon, trading in the USD9,500-10,500/

tonne range. This is because of the fear that ore supplies from the Philippines will be severely constrained

as mine audits on the basis of environmental regulations is currently ongoing in the country, and will

conclude by the end of August 2020. While the nickel market is currently tight due to elevated Chinese

imports eroding global stockpiles, investor sentiment towards industrial metals will remain cautious as

Chinese economic data will continue to disappoint. By Q416, we expect weakening fundamentals in the

nickel market and a stabilisation of the Philippines mine crackdown to start to pull nickel prices towards

USD9,500/tonne and below.

- We revised down our nickel price forecasts from 2017 onwards as our outlook on global consumption

trends is now weaker than before, with the global nickel market moving into a surplus from 2017. Supply

trends remain unchanged, including our view that the partial relaxation of Indonesia's ore export ban and

Indonesian nickel pig iron smelters coming online by 2017 will prevent a supply-crunch in the refined

nickel market. We also maintain our view that there will be a price recovery, albeit more muted now, as

the surplus from 2017 will narrow over the years to 2020. We forecast an average of USD9,000/tonne

and USD9,500/tonne in 2016 and 2017, edging up to USD10,200/tonne by 2020.

Global Nickel Metals Report Q4 2016

Table of Contents

BMI Industry View 7
Table: Global Nickel Forecasts 7
Price Forecast 10
Global - Nickel: Muted Price Recovery Ahead 10
Table: BMI Nickel Price Forecast 10
Table: Nickel Forecasts 17
Global Trends In Supply, Demand & Trade 18
Global - Nickel: Global Market To Remain In Deficit 18
Table: Global Nickel Forecasts 19
Table: Nickel Production Forecasts 22
Table: Nickel Consumption Forecasts 24
Mine Supply: Nickel Ore 27
Global - Nickel: Global Project Pipeline To Drive Growth 27
Table: Global Selected New Nickel Mine Projects 32
Competitive Landscape 35
Table: Global - Top 10 Nickel Producers By 2014 Output 35
Table: Selected Nickel Companies By Market Capitalisation 37
Company Profile 39
BHP Billiton - Q4 2016 39
Table: Select Commodities - Price Forecasts 41
Latest Financial Results 43
Table: BHP Billiton - Key Financial Data 46
Norilsk Nickel 47
Table: Select Commodities - Price Forecasts 49
Table: Norilsk Nickel - Key Projects 53
Table: Norilsk Nickel - Key Financial Data 55
Global Company Strategy - Vale - Q4 2016 56
Company Overview 58
Company Strategy 59
Table: Select Companies - Operational Data 61
Table: Vale - Key Financial Data 62
Global Company Strategy - Glencore 63
Table: Selected Commodities - Price Forecasts 65
Company Analysis 65
Table: Glencore - Key Projects 69
Table: Glencore - Key Financial Data 71
Eramet - Q4 2016 72
Table: Eramet Financial Results (2009-2015) 75
Data Appendix 76
Appendix 76
Nickel: Production Balance 76
Table: Global Nickel Forecasts 77
Production Forecast 77
Table: Nickel Production Forecasts 77
Consumption Forecast 78
Table: Nickel Consumption Forecasts 78
Methodology 79
Cross Checks 79

List of Tables

Table: Global Nickel Forecasts
Table: BMI Nickel Price Forecast
Table: Nickel Forecasts
Table: Global Nickel Forecasts
Table: Nickel Production Forecasts
Table: Nickel Consumption Forecasts
Table: Global Selected New Nickel Mine Projects
Table: Global - Top 10 Nickel Producers By 2014 Output
Table: Selected Nickel Companies By Market Capitalisation
Table: Select Commodities - Price Forecasts
Table: BHP Billiton - Key Financial Data
Table: Select Commodities - Price Forecasts
Table: Norilsk Nickel - Key Projects
Table: Norilsk Nickel - Key Financial Data
Table: Select Companies - Operational Data
Table: Vale - Key Financial Data
Table: Selected Commodities - Price Forecasts
Table: Glencore - Key Projects
Table: Glencore - Key Financial Data
Table: Eramet Financial Results (2009-2015)
Table: Global Nickel Forecasts
Table: Nickel Production Forecasts
Table: Nickel Consumption Forecasts
  • Global Nickel Bar, Profile and Rod Market to 2020 - Market Size, Growth, and Forecasts in Over 60 Countries
    Published: 01-Dec-2016        Price: US 2128 Onwards        Pages: 320
    This publication enables readers the critical perspectives to be able to evaluate the world market for nickel bars, profiles and rods. The publication provides the market size, growth and forecasts at the global level as well as for the following countries: Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Indi......
  • Global Nickel Market to 2020 - Market Size, Growth, and Forecasts in Over 60 Countries
    Published: 01-Dec-2016        Price: US 2128 Onwards        Pages: 320
    This publication enables readers the critical perspectives to be able to evaluate the world market for nickel. The publication provides the market size, growth and forecasts at the global level as well as for the following countries: Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, India, Iran, Ireland, Israel......
  • Global Nickel Pipe and Tube Market to 2020 - Market Size, Growth, and Forecasts in Over 60 Countries
    Published: 01-Dec-2016        Price: US 2128 Onwards        Pages: 320
    This publication enables readers the critical perspectives to be able to evaluate the world market for nickel pipes and tubes. The publication provides the market size, growth and forecasts at the global level as well as for the following countries: Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, India, Iran,......
  • Global Nickel Plate and Sheet Market to 2020 - Market Size, Growth, and Forecasts in Over 60 Countries
    Published: 01-Dec-2016        Price: US 2128 Onwards        Pages: 320
    This publication enables readers the critical perspectives to be able to evaluate the world market for nickel plates and sheets. The publication provides the market size, growth and forecasts at the global level as well as for the following countries: Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, India, Ira......
  • Global Nickel Wire Market to 2020 - Market Size, Growth, and Forecasts in Over 60 Countries
    Published: 01-Dec-2016        Price: US 2128 Onwards        Pages: 320
    This publication enables readers the critical perspectives to be able to evaluate the world market for nickel wire. The publication provides the market size, growth and forecasts at the global level as well as for the following countries: Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, India, Iran, Ireland, I......
  • Global Unwrought Nickel Market to 2020 - Market Size, Growth, and Forecasts in Over 60 Countries
    Published: 01-Dec-2016        Price: US 2128 Onwards        Pages: 320
    This publication enables readers the critical perspectives to be able to evaluate the world market for unwrought nickel. The publication provides the market size, growth and forecasts at the global level as well as for the following countries: Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, India, Iran, Irela......
  • Global Ferronickel Market Research Report 2016
    Published: 29-Nov-2016        Price: US 2900 Onwards        Pages: 113
    Notes: Production, means the output of Ferronickel Revenue, means the sales value of Ferronickel This report studies Ferronickel in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering - Tsingshan Holding Group - BHP Billiton - Eramet - BSG Resources Limited ......
  • Global Nickel Alloy Market Research Report 2016
    Published: 25-Nov-2016        Price: US 2900 Onwards        Pages: 113
    Notes: Production, means the output of Nickel Alloy Revenue, means the sales value of Nickel Alloy This report studies Nickel Alloy in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering - Haynes International, Inc. - Special Metals - High Performance Alloys, Inc -......
  • United States Beryllium Nickel Alloy Market Report 2016
    Published: 24-Oct-2016        Price: US 3800 Onwards        Pages: 108
    Notes: Sales, means the sales volume of Beryllium Nickel Alloy Revenue, means the sales value of Beryllium Nickel Alloy This report studies sales (consumption) of Beryllium Nickel Alloy in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering - Materion Corporation - Ibc Advanced Alloys - Ulba Metallurgical Plant - Hunan Nonferrous Beryllium Industry - Guiliang Copper......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs