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Indonesian production is now central to the outlook for nickel prices next year.

The Indian government will take policy initiatives to prioritize higher steel production and raw material security

Global coal demand will reach a record high of 8.85 billion tons (+0.5% y/y) in 2025.

Meanwhile, due to insufficient year-end consumption expectations on the demand side, the market will experience a significant oversupply.

The metallic calcium market has remained generally stable recently

The figures suggest that, rather than a uniformdecline on the global supply side, production centers are gradually becoming more diversified.

China to Dominate the Future of Critical Mineral Refining

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 140.1 million tonnes (Mt) in November 2025, a 4.6% decrease compared to November 2024.