Buy Ferronickel and Nickel Metal

Ferronickel is a ferroalloy that contains approximately 35% nickel and 65% iron. Based on the Metalshub Price Index, in Q2 2021, the price of Nickel Briquettes ranged from 16,237-18,334 USD/Mt and for Nickel Cut Cathodes 4x4 it ranged from 16,282-17,860 USD/Mt . The Metalshub Price Index uses methodology validated by leading industry experts, helping customers make data-driven trading decisions.

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Frequently traded on Metalshub

Nickel is used in producing stainless and special steel, iron and steel castings, plating applications, nickel-based alloys as well as in batteries.

Name	Abbreviation	Size (mm)	Ni Content (%)
Nickel briquettes	Ni briqs	40X30	99.8-100
Ferronickel	FeNi	5-70	15-70
Nickel pellets	Ni pellets	5-20	99.8-100
Nickel full plate cathodes	Ni caths	1000X1000	99-100
Nickel cut cathodes 4x4	Ni 4x4	100X100	99.8-100
Nickel cut cathodes 2x2	Ni 2x2	50X50	99.8-100
Nickel cut cathodes 1x1	Ni 1x1	25X25	99.8-100
Nickel offcuts	Nickel offcuts	100X100	99.8-100
Nickel Pig Iron	NPI	140x140	10-15

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Application of relevant Nickel types

Nickel pellets (Ni pellets):

With a nickel content of 99.8 wt% - 100 wt%, Ni Pellets contain the lowest metallic amount of impurities of any commercially available form of nickel. Exclusively produced by Vale, the controlled and consistent purity of Nickel Pellets and the benefits associated with its distinctive shape make this product an industry standard for the production of high nickel alloys and iron-based alloys.

Nickel briquettes (Ni briqs):

Nickel briquettes can be a lower-cost alternative to nickel pellets or nickel cathodes in steel production, as they have similar chemical and melting properties.

Click here to read about Metalshub's new Nickel Briquettes Price Index.

Ferronickel (FeNi):

Ferronickel is used as one of the main alloying elements in stainless steel production due to its high corrosion and oxidation resistance. It has a nickel content of between 15 wt% and 70 wt% and can be used as a substitute for nickel pellets or nickel cathodes, where it can allow potential cost savings.

Click here to read about Metalshub Co-founder Dr. Sebastian Kreft's study on the value of ferronickel vs. nickel metal for the production of ferrous alloys.

Nickel cathodes (full plate / 4x4 / 2x2 / 1x1):

Nickel is refined by electrolysis to a purity of approx. 99.8 wt% up to 100 wt%. It is available in a full plate cathode (1000x1000mm) or reduced by further processing to 4x4/2x2/1x1 cut cathodes.

Nickel offcuts (Nickel offcuts):

Nickel offcuts are wastes generated during the industrial processing of nickel, e.g. when cutting off electrolyte cathodes. If a melting process allows the use of slightly varying sizes, offcuts can bring significant potential savings compared to cut cathodes.