Global Market (GLOBAL) · EUR
| Market | Price (EUR/oz) | Status |
|---|---|---|
|
London Metal Exchange
LME · GB
|
€0.430
09 Jan
|
Closed |
|
Global Market
viewing
GLOBAL · XX
|
€0.472
09 Jan
|
Closed |
Nickel is a corrosion‑resistant silvery base metal primarily used in stainless steel and specialty alloys, and increasingly in lithium‑ion battery cathodes for electric vehicles, as well as in plating and other industrial applications. Its market importance reflects its central role in stainless‑steel production and the growing battery sector; pricing is sensitive to global industrial activity and EV adoption and is influenced by ore type and grade (sulphide vs laterite), refining capacity, exchange stocks, scrap availability and geopolitical or energy-related supply risks.