London Metal Exchange (LME) Nickel Prices, charts, historical prices. live feeds, and news, Nickel Cathode Prices.

Salient Statistics -- United States

(All data in metric tonnes unless noted otherwise)

2007^e

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Weekly Metals

Updated
5/5/08	Aluminum Scrap
5/2/08	316 Scrap Processor
5/2/08	Al MW Premium
5/2/08	Antimony
5/2/08	Bismuth
5/2/08	Cadmium
5/2/08	Cobalt
5/2/08	Ferro Titanium
5/2/08	Ferrochrome
5/2/08	Ferrotungsten
5/2/08	Ferrovanadium
5/2/08	Germanium
5/2/08	Indium
5/2/08	Magnesium
5/2/08	Manganese
5/2/08	Moly Ferro
5/2/08	Moly Oxide
5/2/08	Nickel Premium
5/2/08	Rod Brass Borings
5/2/08	Ruthenium
5/2/08	Selenium
5/2/08	Silicon
5/2/08	Tantalite
5/2/08	Tellurium
5/2/08	Titanium Scrap
5/2/08	Tungsten
5/1/08	Al UBC

Monthly Metals

Updated
6/1/08	Stainless Product
5/7/08	Fe Scrap Chicago
5/7/08	Fe Scrap Pitts
5/2/08	Chrome (Pure)
5/1/08	Bronze Ingot
5/1/08	Co-Ni Scrap
4/30/08	Columbium
4/30/08	Moly Scrap
4/30/08	Tantalum Scrap
4/30/08	Tungsten Scrap
4/20/08	RMDAS� Fe Prices
4/15/08	18-8 Scrap Mill USA
4/15/08	316 Scrap Mill USA
4/4/08	Rhenium
4/1/08	Tungsten Carbide

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New Steel Prices - 1 Apr
Current Steel prices for Hot-rolled, Cold-rolled, Plate and Rebar.

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08 May 08
LME Officials LME NI $/LB
Cash	12.5192
3MTH	12.6008

08 May 08
LME Officials LME NI $/KG
Cash	27.600
3MTH	27.780

08 May 08
LME Officials LME NI $/MT
Cash	27600.0
3MTH	27780.0

LME Nickel Prices 30 Day	LME Nickel Prices 90 Day	LME Nickel Prices 1 Year

8 More Charts Available Below

Public Current Metal News Articles FREE (GMT)

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Nickel Market Analysis (GMT)

09 May 13:06 Copper slips on big stock rise, tin at new peak (Reuters)

09 May 11:55 BASE METALS: Comex Copper Seen 2 1/2 Cents Lower At Pit Open (Dow Jones)

09 May 09:42 BASE METALS: LME Copper Dn With Stock Rise, Tin Eyes New High (Dow Jones)

09 May 07:56 BASE METALS: China Copper Futures Settle Down; Inventories Up (Dow Jones)

09 May 07:31 BASE METALS:Weaker Dollar Fails To Halt Decline In LME Metals (Dow Jones)

Reuters & Dow Jones Nickel News (GMT)

09 May15:26European Minor Metals, Ferro-Alloys Spot Market Prices (Dow Jones)

07 May14:00Some US Lawmakers Urge Making Pennies, Nickels Out Of Steel (Dow Jones)

07 May05:39Sinosteel To Build 500,000-Ton Nickel Ore Mine In Indonesia (Dow Jones)

06 May13:26Rising costs to trip up India stainless steel growth (Reuters)

06 May04:01China stainless steel makers cut output in May (Reuters)

07 Apr23:44Rusal Hits Snag In Pursuit Of Norilsk (WSJ) (Dow Jones)

More Nickel News

Nickel Tables	Print Version
LB MT KG

LME Nickel Daily Summary

LME Nickel Daily Summary 08 May 2008
USD/LB		Cash	3 Mth	15 Mth	27 Mth	Inventory	Volume
Official	$	12.5192	12.6008	12.3173	11.3081	51,030	142,020
Official	+/-	-.3764	-.3493	-.3379	-.3492	-204	-7596
Unofficial	$	12.5192	12.5985
Unofficial	+/-	.0000	-.0023

LME Nickel Daily Summary 08 May 2008
USD/MT		Cash	3 Mth	15 Mth	27 Mth	Inventory	Volume
Official	$	27,600.00	27,780.00	27,155.00	24,930.00	51,030	142,020
Official	+/-	-830.00	-770.00	-745.00	-770.00	-204	-7596
Unofficial	$	27,600.00	27,775.00
Unofficial	+/-	.00	-5.00

LME Nickel Daily Summary 08 May 2008
USD/KG		Cash	3 Mth	15 Mth	27 Mth	Inventory	Volume
Official	$	27.600	27.780	27.155	24.930	51,030	142,020
Official	+/-	-.830	-.770	-.745	-.770	-204	-7596
Unofficial	$	27.600	27.775
Unofficial	+/-	.000	-.005

LME Nickel Short History

LME Nickel Short History USD/LB
Date	Cash	3 Mth	15 Mth	27 Mth	Inventory	Volume
08 May 08	12.5192	12.6008	12.3173	11.3081	51,030	142,020
07 May 08	12.8956	12.9501	12.6552	11.6573	51,234	149,616
06 May 08	12.8412	12.9274	12.6666	11.6573	51,378	98,646
02 May 08	12.5192	12.5963	12.3491	11.3398	51,420	86,700
01 May 08	12.9070	13.0408	12.7573	11.7367	51,432	91,440
30 Apr 08	13.1111	13.1655	12.9614	11.8955	51,462	83,910
29 Apr 08	12.9047	12.9728	12.7460	11.7027	51,708	64,422
28 Apr 08	13.1769	13.2563	13.0521	11.9635	51,774	104,592
25 Apr 08	13.0771	13.1769	12.9841	11.9408	51,942	91,272
24 Apr 08	13.0068	13.1088	12.9047	11.8615	51,978	236,724
Avg	Cash	3 Mth	15 Mth	27 Mth
May	12.7364	12.8231	12.5491	11.5399
Apr	13.0468	13.1481	12.8978	11.9310

LME Nickel Short History USD/MT
Date	Cash	3 Mth	15 Mth	27 Mth	Inventory	Volume
08 May 08	27,600.00	27,780.00	27,155.00	24,930.00	51,030	142,020
07 May 08	28,430.00	28,550.00	27,900.00	25,700.00	51,234	149,616
06 May 08	28,310.00	28,500.00	27,925.00	25,700.00	51,378	98,646
02 May 08	27,600.00	27,770.00	27,225.00	25,000.00	51,420	86,700
01 May 08	28,455.00	28,750.00	28,125.00	25,875.00	51,432	91,440
30 Apr 08	28,905.00	29,025.00	28,575.00	26,225.00	51,462	83,910
29 Apr 08	28,450.00	28,600.00	28,100.00	25,800.00	51,708	64,422
28 Apr 08	29,050.00	29,225.00	28,775.00	26,375.00	51,774	104,592
25 Apr 08	28,830.00	29,050.00	28,625.00	26,325.00	51,942	91,272
24 Apr 08	28,675.00	28,900.00	28,450.00	26,150.00	51,978	236,724
Avg	Cash	3 Mth	15 Mth	27 Mth
May	28,079.00	28,270.00	27,666.00	25,441.00
Apr	28,763.18	28,986.59	28,434.77	26,303.41

LME Nickel Short History USD/KG
Date	Cash	3 Mth	15 Mth	27 Mth	Inventory	Volume
08 May 08	27.600	27.780	27.155	24.930	51,030	142,020
07 May 08	28.430	28.550	27.900	25.700	51,234	149,616
06 May 08	28.310	28.500	27.925	25.700	51,378	98,646
02 May 08	27.600	27.770	27.225	25.000	51,420	86,700
01 May 08	28.455	28.750	28.125	25.875	51,432	91,440
30 Apr 08	28.905	29.025	28.575	26.225	51,462	83,910
29 Apr 08	28.450	28.600	28.100	25.800	51,708	64,422
28 Apr 08	29.050	29.225	28.775	26.375	51,774	104,592
25 Apr 08	28.830	29.050	28.625	26.325	51,942	91,272
24 Apr 08	28.675	28.900	28.450	26.150	51,978	236,724
Avg	Cash	3 Mth	15 Mth	27 Mth
May	28.079	28.270	27.666	25.441
Apr	28.763	28.987	28.435	26.303

Nickel Premium
Definition: The value added to the published LME Cash Settlement price to cover the cost of cutting, packaging, transportation, warehousing, finance charges, and merchant profit FOB shipping point.

Nickel Premium

Nickel Premium - Melting Grade Spot Price - North America Warehouse - $/lb

< TL Qty*

Full TL Qty

Week Ending

02 May 08

25 Apr 08

18 Apr 08

11 Apr 08

04 Apr 08

28 Mar 08

21 Mar 08

14 Mar 08

07 Mar 08

29 Feb 08

Low	High
.700	1.500
.700	1.500
.700	1.500
.700	1.500
.700	1.500
.700	1.500
.700	1.500
.700	1.500
.700	1.500
.700	.900

Low	High
.500	.650
.500	.650
.500	.650
.500	.650
.500	.650
.500	.650
.500	.650
.500	.650
.500	.650
.500	.650

Cut 4"X4" Cathode In Drums
* < TL = 5,000 - 10,000 Lbs lots

Nickel Premium - Melting Grade Spot Price - North America Warehouse - $/mt

< TL Qty*

Full TL Qty

Week Ending

02 May 08

25 Apr 08

18 Apr 08

11 Apr 08

04 Apr 08

28 Mar 08

21 Mar 08

14 Mar 08

07 Mar 08

29 Feb 08

Low	High
1,543.234	3,306.930
1,543.234	3,306.930
1,543.234	3,306.930
1,543.234	3,306.930
1,543.234	3,306.930
1,543.234	3,306.930
1,543.234	3,306.930
1,543.234	3,306.930
1,543.234	3,306.930
1,543.234	1,984.158

Low	High
1,102.310	1,433.003
1,102.310	1,433.003
1,102.310	1,433.003
1,102.310	1,433.003
1,102.310	1,433.003
1,102.310	1,433.003
1,102.310	1,433.003
1,102.310	1,433.003
1,102.310	1,433.003
1,102.310	1,433.003

Cut 4"X4" Cathode In Drums
* < TL = 5,000 - 10,000 Lbs lots

Nickel Premium - Melting Grade Spot Price - North America Warehouse - $/kg

< TL Qty*

Full TL Qty

Week Ending

02 May 08

25 Apr 08

18 Apr 08

11 Apr 08

04 Apr 08

28 Mar 08

21 Mar 08

14 Mar 08

07 Mar 08

29 Feb 08

Low	High
1.543	3.307
1.543	3.307
1.543	3.307
1.543	3.307
1.543	3.307
1.543	3.307
1.543	3.307
1.543	3.307
1.543	3.307
1.543	1.984

Low	High
1.102	1.433
1.102	1.433
1.102	1.433
1.102	1.433
1.102	1.433
1.102	1.433
1.102	1.433
1.102	1.433
1.102	1.433
1.102	1.433

Cut 4"X4" Cathode In Drums
* < TL = 5,000 - 10,000 Lbs lots

LME Nickel Price Charts (Click on any chart to publish it on your website)
LME Nickel Prices 30 Day	LME Nickel Prices 60 Day

LME Nickel Prices 90 Day	LME Nickel Prices 6 Month

LME Nickel Prices 1 Year	LME Nickel Prices 2 Year

LME Nickel Prices 3 Year	LME Nickel Prices 5 Year

Nickel Information and Statistics from the USGS

Nickel is vital to the stainless steel industry and has played a key role in the development of the chemical and aerospace industries. Furthermore, through the use of nickel, the sophisticated industrial complexes that provide our high standard of living and superior military technology and armament are made possible. Nickel's greatest value is in alloys with other elements, where it adds strength and corrosion resistance over a wide range of temperatures.

Nickel is primarily sold for first use as refined metal (cathode, powder, briquet, etc.) or ferronickel. About 65% of the nickel consumed in the Western World is used to make austenitic stainless steel. Another 12% goes into superalloys (e.g., Inconel 600) or nonferrous alloys (e.g., cupronickel). Both families of alloys are widely used because of their corrosion resistance. The aerospace industry is a leading consumer of nickel-base superalloys. Turbine blades, discs and other critical parts of jet engines are fabricated from superalloys. Nickel-base superalloys are also used in land-based combustion turbines, such those found at electric power generation stations. The remaining 23% of consumption is divided between alloy steels, rechargeable batteries, catalysts and other chemicals, coinage, foundry products, and plating. The principal commercial chemicals are the carbonate (NiCO3), chloride (NiCl2), divalent oxide (NiO), and sulfate (NiSO4). In aqueous solution, the divalent nickel ion has an emerald-green color.

Nickel (Ni) is a transition element that exhibits a mixture of ferrous and nonferrous metal properties. It is both siderophile (i.e., associates with iron) and chalcophile (i.e., associates with sulfur). The bulk of the nickel mined comes from two types of ore deposits: laterites where the principal ore minerals are nickeliferous limonite [(Fe,Ni)O(OH)] and garnierite (a hydrous nickel silicate), or magmatic sulfide deposits where the principal ore mineral is pentlandite [(Ni,Fe)9S8].

The ionic radius of divalent nickel is close to that of divalent iron and magnesium, allowing the three elements to substitute for one another in the crystal lattices of some silicates and oxides. Nickel sulfide deposits are generally associated with iron- and magnesium-rich rocks called ultramafics and can be found in both volcanic and plutonic settings. Many of the sulfide deposits occur at great depth. Laterites are formed by the weathering of ultramafic rocks and are a near-surface phenomenon. Most of the nickel on Earth is believed to be concentrated in the planet's core.

Domestic Production and Use: The United States did not have any active nickel mines in 2007. Limited amounts of byproduct nickel were recovered from copper and palladium-platinum ores mined in the Western United States. On a monthly or annual basis, 111 facilities reported nickel consumption. The principal consuming State was Pennsylvania, followed by Kentucky, West Virginia, and North Carolina. Approximately 52% of the primary nickel consumed went into stainless and alloy steel production, 34% into nonferrous alloys and superalloys, 10% into electroplating, and 4% into other uses. End uses were as follows: transportation, 30%; chemical industry, 15%; electrical equipment, 10%; construction, 9%; fabricated metal products, 8%; household appliances, 8%; petroleum industry, 7%; machinery, 6%; and other, 7%. Estimated value of apparent primary consumption was $4.19 billion.