Nickel Metal Chain™
· ₹1,466.81/kg today
From mine to market: how Nickel moves through the global economy.
Nickel Metal Chain
Detailed supply-chain mapping is currently being developed for Nickel. In the meantime, see the metal profile and reserves & production data already available.
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
Country-level production 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 Chain™ is an analytical framework developed by MetalsCost. Concentration figures and the current-bottleneck comparison are estimates derived from available public data and a documented methodology — they are not investment advice or a guaranteed forecast. See the methodology page for data sources and calculation details.
