London Metal Exchange (LME) · USD
| Market | Price (USD/oz) | Status |
|---|---|---|
|
London Metal Exchange
viewing
LME · GB
|
$0.480
per oz
|
Open |
|
Global Market
GLOBAL · XX
|
$0.526
per oz
|
Open |
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.