Nickel trended down in 2023 as lower demand and higher supply created price pressure. Here's a look at the main trends that impacted the market over the course of the year.

Iron ore pellet production is likely to reach an all-time high in FY24 supported by strong domestic demand and pick up in exports.

The number of warehouse receipts was 14328 (71640 tons), and 294 (1470 tons) were valid for the number of warehouse orders.

Woodside Energy and South Korea’s SK E&S Co. Ltd. have signed a non-binding Memorandum of Understanding (MOU) to enable research on potentially developing a lower-carbon hydrogen value chain, including hydrogen, ammonia, and related products.

India's Tata Steel Limited will invest an estimated $1.2 billion every year to increase its steelmaking capacity by 1-2 million mt per year to maintain its market share

Strike Resources plans to use a part of proceeds of the sale to fully repay its US$7.2 million loan owed to Australia-based Good Importing International

The administrators of Panoramic Resources has announced the suspension of operations at the Savannah nickel project, in Western Australia.

Rio Tinto expects to begin infrastructure work on the massive Simandou iron ore project in Guinea this year following almost three decades of setbacks and scandals.