We buy all forms of scrap nickel — pure nickel (Nickel 200/201), cupro-nickel, nickel silver, and nickel-bearing alloys. Nickel is one of the highest-value base metals with strong demand from stainless steel producers and specialty alloy manufacturers. Call Sean at 954-488-0700 for today's nickel prices.
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Prices updated regularly. Call 954-488-0700 for a confirmed quote on your specific material.
| Grade / Type | Description | Price |
|---|---|---|
| Pure Nickel (200/201) | Anodes, cathodes, strip, wire | $6.50–$8.00/lb |
| Cupro-Nickel (70/30) | Marine condensers, pipe, fittings | $4.50–$5.00/lb |
| Cupro-Nickel (90/10) | Heat exchangers, desalination | $3.50–$4.00/lb |
| Nickel Silver | C752, C770 — springs, connectors | $3.50–$4.00/lb |
| Nickel-Bearing Stainless | 304, 316 with high nickel content | $0.55–$0.65/lb |
| Nickel Turnings/Shavings | Machine shop scrap, clean | $5.00–$6.50/lb |
| Mixed Nickel Alloy | Unknown nickel-bearing alloys | $2.75–$4.00/lb |
| Nickel Coins (Pre-2023) | US nickels, Canadian nickels | Varies |
Nickel is a critical industrial metal valued for its corrosion resistance, high-temperature strength, and ability to alloy with other metals. Approximately 65% of all nickel produced goes into stainless steel manufacturing, with the remainder used in superalloys (aerospace), batteries (lithium-ion), electroplating, and specialty chemicals. The LME nickel price currently trades around $7–$9 per pound, making nickel-bearing scrap highly valuable.
Pure nickel (Nickel 200 and 201) is used in chemical processing, electronics, and as plating anodes. It commands the highest price among nickel scrap categories. Cupro-nickel alloys (copper-nickel) are widely used in marine applications — condensers, seawater piping, and desalination equipment. The 70/30 alloy (70% copper, 30% nickel) is more valuable than 90/10 due to its higher nickel content. Nickel silver (actually containing no silver — it is copper, nickel, and zinc) is used in springs, electrical connectors, and musical instrument keys.
The most common source of nickel in scrap is stainless steel. Grade 304 stainless contains 8–10% nickel, while 316 stainless contains 10–14% nickel. The nickel content is what makes austenitic stainless steel non-magnetic and corrosion-resistant. When stainless steel prices rise, it is often because the underlying nickel price has increased. We buy all grades of nickel-bearing stainless steel and pay premiums for high-nickel grades.
Pure nickel is slightly magnetic (unlike most non-ferrous metals), silvery-white in color, and very corrosion-resistant. It will not rust or tarnish. Cupro-nickel looks similar to stainless steel but is non-magnetic. A handheld XRF analyzer is the most reliable way to determine exact nickel content in unknown alloys. For large lots of potential nickel-bearing scrap, we offer free alloy identification services using our portable XRF equipment.
Nickel prices are driven by stainless steel production (primarily in China), electric vehicle battery demand (nickel is a key component in NMC lithium-ion batteries), and supply constraints from major producers in Indonesia, Philippines, and Russia. The growing EV market has created additional demand pressure on nickel supplies, supporting higher prices for nickel-bearing scrap.
Call Sean directly for an immediate cash offer. We respond within 2 hours.