TRADE REVIEW: Asian nickel market to face structural headwinds, upstream uncertainties in Q3

Indonesia’s Work Plan and Budget, or RKAB, nickel ore mining mid-year quota review is set to be a key factor for nickel prices in the third quarter of 2026, as expected mining quota revisions, new export management measures and feedstock costs continue to uphold supply expectations. Q2 price gains across nickel pig iron, mixed hydroxide ...

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