Nickel fell to 14,879.88 USD/T on December 3, 2025, down 0.20% from the previous day. Over the past month, Nickel's price has fallen 1.20%, and is down 7.47% compared to the same time last year, 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 December 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.

View monthly updates and historical trends for Nickel Price. Source: World Bank. Track economic data with YCharts analytics.

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.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Nickel and Nickel-Base Alloy Mill Shapes (WPU102504) from Jan 1971 to Sep 2025 about nickel, mills, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

LME Index rose to 4,700 Index Points on October 29, 2025, up 0.79% from the previous day. Over the past month, LME Index's price has risen 7.33%, and is up 13.22% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on December of 2025.

According to Cognitive Market Research, the global nickel market size is USD 35695.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 14278.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 10708.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 8209.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 1784.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 713.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Electrical & Electronics End-Uses held the highest nickel market revenue share in 2024

Market Dynamics of Nickel Market

Key Drivers for Nickel Market

Increased Demand for Nickel Batteries to Increase the Demand Globally: One key driver in the nickel market is increased demand for nickel batteries. It is an essential component in the manufacture of lithium-ion batteries, which power electric vehicles. As the globe moves toward greener transportation and E.V. usage grows, so does the demand for nickel. Battery manufacture is projected to be a significant driver of nickel use in the coming years. Historically, the stainless steel sector was the major consumer of nickel. Nickel gives strength and corrosion resistance to steel, making it essential for a variety of applications. As global infrastructure development and industrial activity continue, demand for stainless steel, and thus nickel, remains high.

Boom in Electric Vehicles to Propel Market Growth: Another key driver in the nickel market is the increasing demand for electric vehicles. The worldwide electric vehicle (E.V.) boom is having a big impact on the nickel market, increasing both demand and prices. As the global demand for E.V.s grows, so does the demand for nickel to build these batteries. Major mining corporations such as BHP expect nickel demand to skyrocket in the coming decades, fuelled by the E.V. revolution. This boost in demand is putting strain on nickel supply, resulting in price increases. Nickel prices have already risen in recent years, and some predict that trend to continue as E.V. usage rises. Nickel has traditionally been used primarily in the stainless steel sector. However, the E.V. industry is expected to be the primary growth driver for nickel in the future.

Restraint Factor for the Nickel Market

Environmental and Health Issues to Limit the Sales: One key restraint in the nickel market is the challenge of Environmental and health issues. Nickel is an important metal in today's world. It is an important component of stainless steel, used in a variety of sectors, and used in lithium-ion batteries that power electric vehicles (E.V.s). The worldwide nickel market is expanding as demand for E.V.s rises. However, this expansion has a substantial drawback: environmental and health risks linked with nickel mining and processing. Nickel mining can pollute the air and water via dust, acid mine drainage, and inappropriate waste management. These pollutants can degrade ecosystems, taint drinking water, and impair respiratory health in adjacent communities. Nickel extraction and refining require a lot of energy, and it frequently uses fossil fuels, which contribute to greenhouse gas emissions.

Trends for the Nickel Market

Increasing Demand for Electric Vehicle (EV) Battery Production: The swift expansion of the electric vehicle sector is leading to a notable increase in the need for nickel, especially high-purity Class 1 nickel utilized in lithium-ion batteries. Automobile manufacturers are pursuing reliable sources of nickel to enhance battery energy density, prolong vehicle range, and lessen dependence on cobalt. This movement is transforming global nickel supply chains, prompting mining firms and battery producers to establish strategic alliances and invest in innovative extraction and refining technologies to sustai...

Cobalt traded flat at 48,570 USD/T on November 27, 2025. Over the past month, Cobalt's price has remained flat, but it is still 99.88% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cobalt - values, historical data, forecasts and news - updated on December of 2025.

This dataset contains historical price data for seven essential metals traded on the Multi Commodity Exchange (MCX) India: Gold, Silver, Lead, Zinc, Copper, Nickel, and Aluminum. The data is meticulously collected to support prediction models, trend analysis, and statistical exploration of metal price movements.

The dataset includes: - Daily price data for 7 metals - Open price, high/low values, and closing prices - Data across multiple periods, useful for preliminary exploration, model training, and analysis

Description for each column in the dataset: 1. Date: The date on which the market data was recorded (format: DD-MM-YYYY). 2. Price: The closing price of Copper on the given date, reflecting the last traded price of the day. 3. Open: The opening price of Copper at the start of trading on the given date. 4. High: The highest price Copper reached during the trading day. 5. Low: The lowest price Copper traded at during the day. 6. Vol. (Volume): The total volume of Copper traded on the given day, typically in thousands (K). 7. Change %: The percentage change in the closing price from the previous trading day.

Molybdenum traded flat at 455.50 CNY/Kg on November 28, 2025. Over the past month, Molybdenum's price has fallen 8.99%, and is down 4.11% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Molybdenum - values, historical data, forecasts and news - updated on December of 2025.

The global market size of Nickel 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 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 Target industry. The key insights of the report:
1.The report provides key statistics on the market status of the Nickel 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 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 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 Target as well as some small players. At least 7 companies are included:
* Lesker
* SAM
* Nexteck
* ZNXC
* Beijing Guanli
* Lida Optical and Electronic
For complete companies list, please ask for sample pages.
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 Target market
* Plane Target
* Rotating Target
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Microelectronics
* Monitor
* Storage
* Other

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.

The global market size of Nickel-Copper Alloy 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-Copper Alloy 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-Copper Alloy industry. The key insights of the report:
1.The report provides key statistics on the market status of the Nickel-Copper Alloy 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-Copper Alloy 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-Copper Alloy 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-Copper Alloy as well as some small players. At least 17 companies are included:
* SMC
* ThyssenKrupp VDM
* Carpenter
* Imphy Alloys
* Allegheny
* Hitachi Metals
For complete companies list, please ask for sample pages.
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-Copper Alloy market
* Long Type
* Flat Type
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.

The global market size of Nickel Chromium Molybdenum Alloy 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 Chromium Molybdenum Alloy 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 Chromium Molybdenum Alloy industry. The key insights of the report:
1.The report provides key statistics on the market status of the Nickel Chromium Molybdenum Alloy 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 Chromium Molybdenum Alloy 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 Chromium Molybdenum Alloy 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 Chromium Molybdenum Alloy as well as some small players. At least 17 companies are included:
* SMC
* ThyssenKrupp VDM
* Carpenter
* Imphy Alloys
* Allegheny
* Hitachi Metals
For complete companies list, please ask for sample pages.
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 Chromium Molybdenum Alloy market
* Long Type
* Flat Type
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.

According to Cognitive Market Research, The Global Copper Nickel Alloys Market size is USD 4152.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.10% from 2024 to 2031.

North America Copper Nickel Alloys Market held the major market of more than 40% of the global revenue with a market size of USD 1660.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.
Europe Copper Nickel Alloys market held 30% of the global market size of USD 1245.66 million in 2024.
Asia Pacific Copper Nickel Alloys Market held 23% of the global revenue with a market size of USD 955.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.
South America Copper Nickel Alloys market held 5% of the global revenue with a market size of USD 207.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Middle East and Africa Copper Nickel Alloys Market held the major market of around 2% of the global revenue with a market size of USD 83.04 million in 2024. It will grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.
The sales in the rod & bar segment are set to rise due to versatile applications and diverse industry demand for these specific forms of copper-nickel alloys. Rods and bars are widely utilized in critical sectors such as marine, oil and gas, and electronics, owing to their excellent corrosion resistance, high thermal stability, and superior mechanical properties.
Copper-nickel alloys are widely used in marine applications due to their resistance to seawater corrosion. They are used in shipbuilding, offshore platforms, and desalination plants.
Telecommunication held the highest Copper Nickel Alloys Market revenue share in 2024.

Oil and Gas Industry to Increase the Demand Globally

The oil and gas industry is poised to be a key driver in increasing the global demand for copper-nickel alloys. With its continued exploration and extraction activities in challenging environments, such as offshore drilling and production facilities, the industry seeks corrosion-resistant materials to withstand harsh conditions. Copper-nickel alloys have proven to be crucial in this regard, offering exceptional resistance to corrosion in seawater and other corrosive media.

As the demand for energy persists and the oil and gas sector expands its operations, the utilization of copper-nickel alloys in pipes, valves, and other critical components is expected to rise, creating a sustained and growing market for these alloys on a global scale.

Renewable Energy to Propel Market Growth

The growing emphasis on renewable energy sources is set to propel the market growth of copper-nickel alloys. As the world shifts towards sustainable practices and increased reliance on renewable energy, copper-nickel alloys play a crucial role in the construction and maintenance of renewable energy infrastructure. Offshore wind farms, in particular, utilize these alloys due to their corrosion resistance, ensuring the longevity and reliability of components in harsh marine environments.

The expansion of renewable energy projects globally, along with ongoing efforts to reduce carbon footprints, is expected to drive the demand for copper-nickel alloys in the manufacturing of wind turbines, solar panels, and associated infrastructure, making them indispensable in the transition to a more sustainable energy landscape.

Market Restraints of the Copper Nickel Alloys

Substitution by Other Materials to Limit the Sales

The copper-nickel alloy market faces a challenge in the form of potential substitution by alternative materials, which could limit sales and market share. Several factors contribute to the consideration of alternative materials, such as stainless steel, aluminum alloys, and advanced composite materials, as viable substitutes for copper-nickel alloys in specific applications. Cost considerations play a pivotal role in the decision-making process for material selection.

Copper-nickel alloys, while offering excellent corrosion resistance and mechanical properties, can be relatively more expensive due to the cost of copper and nickel, both essential components of these alloys. Particularly, cost-sensitive industries may explore alternatives that provide a balance between performance and affordability. Advancements in material science fu...

The global market size of Nickel-Metal Hydride (NIMH) Battery 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-Metal Hydride (NIMH) Battery 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-Metal Hydride (NIMH) Battery industry. The key insights of the report:
1.The report provides key statistics on the market status of the Nickel-Metal Hydride (NIMH) Battery 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-Metal Hydride (NIMH) Battery 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-Metal Hydride (NIMH) Battery 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-Metal Hydride (NIMH) Battery as well as some small players. At least 8 companies are included:
* Philips Health Care (Netherlands)
* Siemens Health Care (Germany)
* Medtronic Plc. (Ireland)
* Analog Devices
* Inc. (U.S.)
* NXP Semiconductors N.V. (Netherlands)
For complete companies list, please ask for sample pages.
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-Metal Hydride (NIMH) Battery 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.
* Diagnosis
* Monitoring
* Application 3

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.

Lean Hogs fell to 80.23 USd/Lbs on December 1, 2025, down 0.47% from the previous day. Over the past month, Lean Hogs's price has fallen 0.47%, and is down 3.60% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lean Hogs - values, historical data, forecasts and news - updated on December of 2025.