What Uses Nickel?
· ₹1,466.81/kg today
Still mostly a stainless-steel metal, despite years of headlines making it sound like it belongs entirely to the EV battery story — and the metal behind one of the most chaotic single weeks any exchange on this site has seen.
What Uses Nickel?
Detailed application mapping is currently being developed for Nickel. In the meantime, see the metal profile for who buys it and which industries depend on it.
Stainless Steel's Backbone
Stainless steel remains the largest single use for nickel by a wide margin, even as EV battery chemistries (nickel-rich cathodes) have grown fast enough to reshape expectations for future demand — the two markets pull on the same metal for very different reasons.
The Week the Market Broke
In March 2022, a short squeeze more than doubled nickel prices within hours, forcing the LME to suspend nickel trading for the first time in decades and cancel a full day of trades — still one of the most debated episodes in modern metals-market history.
Indonesia Rebuilt the Battery-Nickel Map
Indonesia's rapid build-out of High Pressure Acid Leach (HPAL) processing plants — a technology that lets lower-grade nickel ore be refined into the battery-grade nickel EV makers actually need — has been one of the more consequential supply-chain shifts in any metal tracked here, turning a country once known mainly for stainless-steel-grade ore into a major battery-materials supplier within the space of a few years.
Did You Know?
Indonesia's rapid rise as a nickel producer and processor over the past decade has reshaped global supply more than almost any other single-country shift in this dataset — despite Indonesia not being one of this site's 22 tracked countries.
Frequently Asked Questions
Detailed use-case data for Nickel is not yet available on this page.
The Nickel price in India today is ₹1,466.81 per kilogram as of August 28, 2026. See the live price and chart.
Metal Applications™ is an informational reference built from public data and named sources. See the methodology page for how figures are sourced and confidence-rated.
