🔩 Non-Ferrous Metals

Nickel Price Today

Primary nickel used in stainless steel and battery production.

Last updated: April 23, 2026

16,233.03
USD/MT
-1.44%
24h change
-0.09%
7-day change
-2.45%
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
Apr 23, 202616,233.03-1.44%
Apr 22, 202616,470.68+1.21%
Apr 21, 202616,274.31-0.37%
Apr 20, 202616,335.09-0.22%
Apr 19, 202616,371.05-0.42%
Apr 17, 202616,439.48-0.16%
Apr 16, 202616,466.10+1.35%
Apr 15, 202616,247.27-0.38%
Apr 14, 202616,309.69-1.59%
Apr 13, 202616,572.83-0.21%
Apr 12, 202616,608.46-1.18%
Apr 11, 202616,807.57+1.10%
Apr 10, 202616,624.85+0.31%
Apr 9, 202616,573.07+0.16%
Apr 6, 202616,545.79+1.12%
Apr 5, 202616,361.93-1.60%
Apr 4, 202616,627.75-0.96%
Apr 3, 202616,789.73+0.13%
Apr 2, 202616,767.97+0.94%
Apr 1, 202616,611.14+0.71%
Mar 31, 202616,494.00-1.78%
Mar 30, 202616,792.07+0.65%
Mar 29, 202616,683.98-0.03%
Mar 28, 202616,689.75+0.58%
Mar 27, 202616,594.02-0.28%
Mar 25, 202616,640.82