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Nickel Reference Rate — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
When Nickel Isn't a Minor Ingredient Anymore
Ordinary stainless steel contains a modest slice of nickel. Specialty nickel-based alloys flip that ratio entirely — nickel content often runs from 30% up past 70% of the alloy's actual mass, which is exactly why these materials' prices track the base nickel reference rate far more tightly than stainless steel does. Today's nickel reference rate is ₹1.41 per gram on September 21, 2026.
- Inconel: nickel-chromium, high-temperature and oxidation resistant
- Monel: nickel-copper, ~63-70% nickel, seawater and marine-grade corrosion resistance
- Hastelloy: nickel-molybdenum-chromium, resists aggressive acids
Nickel Reference Rate by Weight
Today's Nickel rate is One Rupees per gram. At this rate, 10 grams of Nickel costs Fourteen Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹1.41 | One Rupees |
| 8 Grams | 8.0000 g | ₹11.31 | Eleven Rupees |
| 10 Grams | 10.0000 g | ₹14.14 | Fourteen Rupees |
| 100 Grams | 100.0000 g | ₹141.37 | One Hundred and Forty One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹1,413.68 | One Thousand Four Hundred and Fourteen Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹40.08 | Forty Rupees |
| 1 Troy Ounce | 31.1035 g | ₹43.97 | Forty Four Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹1,413,682.00 | Fourteen Lakh Thirteen Thousand Six Hundred and Eighty Two Rupees |
What Each Alloy Family Is Actually Built to Do
Inconel is engineered around high-temperature strength and oxidation resistance, which is why grades like Inconel 625 and 718 dominate aerospace components and gas turbine blades — applications where the material has to hold its properties under extreme heat and repeated thermal stress. Monel takes a different path: its nickel-copper composition, with nickel typically at 63-70% of the alloy, gives it exceptional resistance to seawater and chloride-rich environments, which is why Monel K-500 shows up in ship pump shafts and seawater piping, sometimes with a corrosion rate below 0.03mm a year.
Hastelloy: built for the harshest chemical environments
Hastelloy's nickel-molybdenum-chromium formula targets a different threat entirely — aggressive acids. Hydrochloric, sulfuric and nitric acid environments that would eat through ordinary stainless steel within a chemical plant's operating life are exactly what Hastelloy is designed to survive, making it the default choice across much of heavy chemical processing.
| Alloy | Composition | Typical Use |
|---|---|---|
| Inconel | Nickel-chromium | Aerospace, gas turbines (high heat) |
| Monel | Nickel-copper (~63-70% Ni) | Marine, seawater piping |
| Hastelloy | Nickel-molybdenum-chromium | Chemical processing, acid resistance |
Nickel Reference Rate — Last 10 Days
The most recent Nickel price on record (2026-09-21) is One Rupees per gram.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-21 | ₹1.41 | 0.00 |
| 2026-09-20 | ₹1.41 | 0.00 |
| 2026-09-19 | ₹1.42 | +0.00 |
| 2026-09-18 | ₹1.42 | -0.01 |
| 2026-09-17 | ₹1.42 | +0.01 |
| 2026-09-16 | ₹1.41 | +0.01 |
| 2026-09-15 | ₹1.39 | -0.03 |
| 2026-09-14 | ₹1.43 | -0.01 |
| 2026-09-13 | ₹1.44 | +0.00 |
| 2026-09-12 | ₹1.43 | — |
Why There's No Single "Nickel Alloy Price" to Quote
Unlike LME nickel cathode, which trades against one clear published benchmark, Inconel, Monel and Hastelloy pricing depends heavily on the specific grade, physical form (bar, sheet, tube, wire), certification requirements and supplier relationship. What all of them share is the same underlying starting point: the base nickel reference rate this page tracks, with a premium layered on top that reflects alloying costs, processing, and the specialized manufacturing these materials require.
The comparison table and 10-day history above track that base reference rate's recent movement. For a longer view, the site's own nickel price history page holds real recorded data.
Nickel Alloys — FAQs
The three best-known families are Inconel (nickel-chromium, built for high-temperature strength and oxidation resistance), Monel (nickel-copper, with nickel content typically between 63% and 70%, prized for seawater and marine corrosion resistance), and Hastelloy (nickel-molybdenum-chromium, designed to withstand aggressive acids like hydrochloric, sulfuric and nitric).
It varies by grade, but nickel content across Monel, Inconel and Hastelloy commonly runs above 30% and can exceed 70% -- Monel specifically sits in the 63-70% range. That's dramatically higher than ordinary stainless steel, which typically contains single-digit-to-low-teens nickel percentages.
Inconel 625 and 718 are workhorses in aerospace components and gas turbine blades, valued for fatigue and thermal-fatigue strength. Monel K-500 shows up in ship pump shafts and seawater pipes, where its corrosion rate can run below 0.03mm a year. Hastelloy is the go-to choice for equipment handling aggressive chemical processing environments.
Because nickel makes up such a large share of these alloys' actual mass -- often 30-70% -- movements in the base nickel price flow through to alloy pricing far more directly than they would for a nickel-lean material like ordinary austenitic stainless steel, where nickel is a smaller minority ingredient.
Not the way there is for LME nickel cathode. Inconel, Monel and Hastelloy pricing depends heavily on the specific grade, form (bar, sheet, tube, wire), certification requirements and supplier, so buyers typically get mill or distributor quotes rather than referencing one universal spot price -- with the underlying nickel reference rate this page tracks as the common starting point for all of them.
