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Nickel Prices

Nickel has a unique combination of properties, which make it useful in a great variety of applications in fields as diverse as aerospace, military, construction and consumer products.

It has among other things a high melting point, high resistance to corrosion and oxidation, excellent heat resistance properties and a good alloying ability with many other metals.

Stainless steel production is the most important consumer of all the primary nickel that is produced each year with a market share of approximately 65%.

Other steel and nonferrous alloys production uses about 20%, about 9% is applied in plating and 6% in other uses including chemical applications.

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