Nickel LME, Real-Time Quotations

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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