Nickel fell to 15,235 USD/T on July 11, 2025, down 0.33% from the previous day. Over the past month, Nickel's price has risen 0.86%, but it is still 9.62% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on July of 2025.

In May 2024, the price of one metric ton of nickel stood at some ********* U.S. dollars. In comparison, in December 2016, the price of nickel was just below ****** U.S. dollars per metric ton. Thus, the nickel price has increased considerably in recent years, though it continuously fluctuates. In the beginning of 2022, however, the price of nickel skyrocketed due to disruptions to supply chains and a wide scarcity of raw materials and metals. Overview of nickel Discovered in 1751, nickel is a base metal with a silvery-white lustrous appearance that has a slightly golden tinge. The metal is crucial for many global industries, especially, for example, for the production of stainless-steel. Nickel is highly corrosion-resistant and is used to plate other metals in order to protect them. Because of these useful traits, nickel is used in more than ******* products worldwide, spanning from architectural, industrial, military, transportation and aerospace, marine, currency, and consumer applications. Nickel price dynamics Though nickel is the fifth most abundant element found on Earth, as with any commodity, the price of nickel can vary widely depending on global market conditions. Following the collapse of the Soviet Union, exports of nickel increased dramatically, dropping the price of nickel in the mid-1990s to below production costs. Nickel production in the Western Hemisphere was reduced during that period. Prices then increased again, up to a high of ****** U.S. dollars per metric ton in May 2007. Since then, nickel prices have decreased, and have remained between a low of ***** U.S. dollars per metric ton and a high of ****** U.S. dollars per metric ton between 2016 and 2021. It is forecast that the price of nickel will amount to more than ****** U.S. dollars per metric ton in 2025.

Graph and download economic data for Global price of Nickel (PNICKUSDM) from Jan 1990 to May 2025 about nickel, World, and price.

In recent years, nickel prices have hit some of their all-time highest numbers, at an average of almost 26,000 U.S. dollars per metric ton throughout 2022. This was driven by a large spike in prices at the end of that year, where they peaked at 31,275 U.S. dollars per ton in mid-November. The recent surge in nickel prices has been driven by several factors, including disruptions to Russia's (the world's third-largest nickel producer) export industry following its invasion of Ukraine. Additionally, demand for nickel has grown alongside the growth of lithium-ion battery production, driven by the growth of the electronic car market. However, these recent peaks are still well below the all-time annual high of more than 37,000 U.S. dollars in 2007, where low international supply coupled with high demand from China's stainless-steel manufacturing industries caused prices to soar.

The current price for nickel is volatile and subject to various factors that influence supply and demand in the global market. Discover the factors that impact the price of nickel and its use in industries like stainless steel, battery manufacturing, and electronics. Stay informed on real-time price fluctuations and industry news to make informed decisions about nickel investments or purchases.

Get the latest insights on Nickel's price movement and trend analysis in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Nickel Mines reported $743.92M in Current Assets for its fiscal semester ending in December of 2024. Data for Nickel Mines | NIC - Current Assets including historical, tables and charts were last updated by Trading Economics this last July in 2025.

This statistic depicts the average monthly prices for nickel from January 2014 through January 2025. In January 2025, the average monthly price for nickel stood at ********* nominal U.S. dollars per metric ton.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Nickel Index: The Future of the Metal?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Explore the factors influencing global nickel prices, from supply and demand dynamics in key producing countries to the impact of macroeconomic trends, technological innovations, and investment activities. Understand how these elements shape market conditions and inform strategic decisions in industries reliant on nickel, such as the stainless steel and electric vehicle sectors.

Nickel Mines reported $354.98M in Current Liabilities for its fiscal semester ending in December of 2024. Data for Nickel Mines | NIC - Current Liabilities including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Explore the dynamics of nickel trading on the London Metal Exchange, focusing on factors that influence price fluctuations such as global supply, demand, and the impact of the electric vehicle market on nickel consumption.

China Settlement Price: Shanghai Future Exchange: Nickel: 1st Month data was reported at 123,370.000 RMB/Ton in 13 May 2025. This records a decrease from the previous number of 124,620.000 RMB/Ton for 12 May 2025. China Settlement Price: Shanghai Future Exchange: Nickel: 1st Month data is updated daily, averaging 113,730.000 RMB/Ton from Mar 2015 (Median) to 13 May 2025, with 2461 observations. The data reached an all-time high of 263,290.000 RMB/Ton in 25 Mar 2022 and a record low of 62,400.000 RMB/Ton in 15 Feb 2016. China Settlement Price: Shanghai Future Exchange: Nickel: 1st Month data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price: Daily.

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Nickel Market Size 2024-2028

The nickel market size is projected to increase by USD 16.55 billion, at a CAGR of 4.06% between 2023 and 2028. Market growth hinges on multiple factors, notably the surge in infrastructure development and urbanization in emerging economies, broadening electroplating applications of nickel, and the prevalence of stringent regulations. Emerging economies' focus on infrastructure drives demand for nickel in construction and urban development projects. Additionally, the expanding use of nickel in electroplating applications across industries enhances market prospects. However, stringent regulations, particularly concerning environmental and labor standards, present challenges, potentially restraining market expansion despite favorable growth drivers.

What will be the Size of the Market During the Forecast Period?

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Market Segment

The nickel (element) is intertwined with various industries, including lightweight vehicles, solar panels, and food and beverage. Alongside chromium (metal) and titanium, nickel contributes to the production of solar panels and other applications. However, concerns persist regarding sulfur dioxide emissions, urging the industry to adopt more sustainable practices in nickel and chromium extraction.

By Type

The primary nickel segment is estimated to witness significant growth during the forecast period. Primary nickel, a key segment in the market, encompasses various types like nickel pig iron (NPI), ferronickel, and nickel matte, each serving distinct industrial purposes. NPI, notably favored for stainless steel production, is cost-effective and widely utilized, particularly in regions like China.

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The primary nickel segment was the largest segment and was valued at USD 29.52 billion in 2018. Further, ferronickel, produced via nickel ore reduction, finds applications in stainless steel and alloy manufacturing. Noteworthy vendors such as Eramet and Vale SA invest in ferronickel production, driving market growth alongside nickel matte usage by companies like PJSC MMC Norilsk Nickel.

By Application

Stainless steel, a significant segment in the market, finds widespread use across industries like construction, automotive, healthcare, and food processing due to its corrosion resistance, strength, and durability. With nickel playing a pivotal role in stainless steel production, its alloying process accounts for a substantial portion of global stainless steel output. Key vendors like BHP Group plc and PT Indonesia Asahan Aluminum provide various nickel grades tailored for stainless steel applications, driving market growth.

By Region

APAC is estimated to contribute 93% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.

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Indonesia and China are major contributors to the market in the APAC region, collectively dominating global nickel output. Indonesia's vast nickel reserves drive its significant production levels, with the country boasting the world's largest nickel reserve according to the US Geological Survey. China's robust stainless steel industry, fueled by infrastructure development and urbanization, heavily relies on nickel imports. Additionally, China's rapid progress in electric vehicle (EV) manufacturing boosts demand for nickel-based batteries, further amplifying nickel's importance in the APAC market.

Market Dynamics

The market plays a pivotal role in various sectors, including the automotive industry and consumer goods industry. As a key component in lithium-ion batteries such as Nickel Cobalt Aluminum (NCA) and Nickel Manganese Cobalt (NMC), nickel powers the rise of electric cars and energy storage systems. Nickel plays a crucial role in secondary battery recycling, as it is a valuable material recovered and reused in the production of new batteries. Its applications extend to special steels, stainless steel (SS), and automobile batteries, ensuring lightweight and durable solutions. However, concerns over greenhouse emissions and health risks persist, prompting ongoing innovations in nickel usage across the construction industry, wind turbines, and medical industry.

Key Market Driver

An increase in infrastructure development and urbanization in emerging economies is the key factor driving the market. The rapid economic expansion in emerging economies such as China, India, and Southeast Asia is fueling urbanization and industrial development. Nickel, known for its corrosion resistance and strength, is witnessing heightened demand due to the surg

In September 2022, the nickel ore price stood at $87.8 per ton (CIF, China), falling by -6.4% against the previous month.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Nickel Price Outlook: TR/CC CRB Nickel index Faces Volatility Amidst Shifting Supply Dynamics.

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Refined Nickel Market Outlook

The global refined nickel market size was valued at approximately USD 34 billion in 2023 and is projected to reach around USD 60 billion by 2032, exhibiting a compound annual growth rate (CAGR) of about 6.5% during the forecast period. The expansion of the refined nickel market is primarily driven by the rapidly growing demand for electric vehicles (EVs), which necessitate the use of nickel in battery production. Furthermore, the increasing adoption of nickel in various end-user industries, including aerospace and electronics, is bolstering market growth. This steady increase is complemented by the ongoing advancements in mining and refining technologies, which are expected to enhance production efficiency and meet the rising global demand.

One of the primary growth factors for the refined nickel market is the surge in demand for nickel-rich batteries, which are crucial components of electric vehicles. The shift towards greener energy solutions has prompted automotive manufacturers to invest heavily in the development of EVs, thereby significantly increasing the demand for nickel as a critical material. Nickel's role in enhancing battery energy density and performance has made it indispensable in the current technological landscape. Additionally, government incentives and policies aimed at promoting electric vehicle adoption contribute significantly to this demand, creating a robust foundation for sustained market growth. As the transformation towards electric mobility develops, the demand for high-purity nickel is projected to witness exponential growth.

Another key factor influencing the growth of the refined nickel market is the burgeoning needs of the stainless-steel sector. Nickel's ability to impart corrosion resistance and strength to stainless steel makes it a preferred element in the production of various industrial and consumer goods. The flourishing construction industry and increased infrastructural development, especially in emerging economies, are fueling the demand for stainless steel, thereby driving the demand for nickel. Moreover, the rise in disposable incomes and urbanization trends are boosting the demand for consumer goods and home appliances that utilize nickel-containing stainless steel, further propelling market expansion.

Technological advancements in refining processes also play a crucial role in the market's growth trajectory. The development of more efficient and environmentally friendly extraction techniques is enabling producers to optimize yields while minimizing environmental impact. Innovations such as hydrometallurgical processes have improved the extraction rates of nickel from lower-grade ores, enhancing the overall supply to meet burgeoning demand. These advancements not only enhance production efficiency but also cater to the increasing global demand while adhering to stringent environmental regulations, underpinning the market's sustainable growth.

The refined nickel market exhibits varied regional dynamics, with the Asia Pacific region leading in terms of demand and production. This region's dominance can be attributed to the presence of major electronics manufacturers and a robust automotive industry actively pushing for electric vehicle adoption. North America and Europe also represent significant markets, driven by technological advancements and increased focus on sustainable practices. Meanwhile, Latin America and the Middle East & Africa are experiencing gradual growth, supported by mining activities and infrastructural developments. The diverse regional demand patterns highlight the global nature of the market, with each region contributing uniquely to the overall growth.

Product Type Analysis

The refined nickel market can be segmented into high-purity nickel and standard-purity nickel, each catering to different industrial needs and applications. High-purity nickel, characterized by its minimal impurity levels and superior quality, is extensively used in advanced applications such as battery production and specialized alloy manufacturing. The growing demand for high-performance batteries, particularly for electric vehicles, is driving the need for high-purity nickel. In contrast, standard-purity nickel finds application in general manufacturing processes, including stainless steel production and various industrial applications where ultra-high purity is not a critical requirement. The versatility of standard-purity nickel and its cost-effectiveness make it suitable for a broad range of applications, thereby ensuring consistent demand across multiple sectors.

Explore the importance of LME nickel live prices, a key factor for industries and investors, reflecting global economic health, market trends, and price volatility strategies in the industrial metals and technology sectors.

The global market size of Nickel Oxide Target is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Nickel Oxide Target Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Nickel Oxide Target industry. The key insights of the report:
1.The report provides key statistics on the market status of the Nickel Oxide Target manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Nickel Oxide Target industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Nickel Oxide Target Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Nickel Oxide Target as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Nickel Oxide Target market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Explore the factors affecting nickel ore prices as of October 2023, including supply chain dynamics, geopolitical influences, and growing demand from the electric vehicle sector. Understand how production levels, economic policies, and technological advancements interplay in determining current and future nickel market trends.