🔩 Non-Ferrous Metals

Nickel Price Today

Primary nickel used in stainless steel and battery production.

Last updated: August 1, 2026

14,891.23
USD/MT
-0.77%
24h change
-0.15%
7-day change
+2.34%
30-day change
30-Day Price Trend
About Nickel

Nickel is a key alloying element in stainless steel and a critical battery material for electric vehicles. Prices are set on the London Metal Exchange (LME) and are highly sensitive to EV battery demand and stainless steel production.

Compare Nickel prices by country: 🇺🇸 United States, 🇩🇪 Germany, 🇮🇹 Italy, 🇳🇱 Netherlands.

Common Grades & Types
LME-Grade Nickel Cathode
99.9% pure electrolytic nickel, the LME delivery standard.
Nickel Briquettes
Compressed nickel powder, used in superalloys and batteries.
Nickel Scrap (ISRI 610-612)
Plated steel, stainless scrap, and high-temp alloy scrap.
Key Applications
  • Stainless steel (primary use, ~70% of demand)
  • Batteries (nickel sulphate for EV NMC cells)
  • Superalloys for aerospace
  • Electroplating
  • Specialty alloys (Inconel, Hastelloy)
What Drives Nickel Prices
  • 1LME nickel inventory levels
  • 2Indonesian and Philippine NPI supply
  • 3EV battery demand (NMC cathode)
  • 4Stainless steel production output
  • 5Class 1 vs Class 2 nickel supply
Frequently Asked Questions

Historical Prices
Last 30 days — USD/MT
DatePriceDaily Change
Aug 1, 202614,891.23-0.77%
Jul 30, 202615,006.23+0.61%
Jul 29, 202614,914.68-1.03%
Jul 28, 202615,069.32+0.42%
Jul 26, 202615,006.47+0.20%
Jul 25, 202614,976.99+1.56%
Jul 24, 202614,746.99-1.11%
Jul 23, 202614,913.17+0.45%
Jul 22, 202614,847.05-1.15%
Jul 21, 202615,019.86+0.51%
Jul 20, 202614,943.94-0.45%
Jul 19, 202615,012.01+0.49%
Jul 17, 202614,938.32+0.63%
Jul 16, 202614,844.66-0.49%
Jul 15, 202614,918.48-0.19%
Jul 14, 202614,947.50-0.58%
Jul 12, 202615,035.30-0.15%
Jul 11, 202615,058.18+1.68%
Jul 10, 202614,808.81-0.05%
Jul 9, 202614,816.40+1.69%
Jul 8, 202614,570.77-0.89%
Jul 7, 202614,701.75+1.38%
Jul 6, 202614,501.68+0.58%
Jul 5, 202614,417.62-1.00%
Jul 4, 202614,562.59+0.08%
Jul 3, 202614,550.80