Nickel LME, real-time quotations
Real-time nickel price trend
Nickel LME: main applications
Nickel is a ductile and corrosion-resistant metal that finds application in many industrial sectors:
- Stainless steel production: Nickel is an important component of stainless steel, giving it corrosion resistance, strength and resistance to high temperatures. This metal is used in many industries: electrical appliances, medical equipment, automotive components, construction, infrastructure.
- Batteries: Nickel is a key element in rechargeable lithium-ion batteries. Due to its ability to increase energy density, it is used to power portable electronic devices, electric vehicles and renewable energy storage systems.
- Plating and coating: Nickel is also used to plate other metals, protecting them from corrosion and improving their appearance. This metal is used in the following sectors: hardware, aerospace components, marine parts, petrochemical equipment.
- Coins: Nickel is also an important component in the production of coins due to its corrosion resistance and ductility.
- Other sectors: this metal can also be used in other industries: electronics, aerospace, tool production, agriculture.
LME nickel: key metal in the near future
Nickel is becoming an increasingly important metal: its use is set to grow in the coming years, driven by demand for: electric vehicles, rechargeable batteries, stainless steel.
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If you are a company or a trader using nickel for your business, thanks to the FT Mercati Platform, you can benefit from numerous advantages following LME quotes in 'real time'.
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