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DongSheng Competitive Nickel Scrap Prices
The main sources of nickel scrap are industrial nickel scrap (stainless steel processing waste, electroplating waste liquid, nickel alloy edges and corners, etc.) and post-consumer nickel scrap (used batteries, electronic components, nickel-containing catalysts, etc.), and the nickel scrap recycled by DONGSHENG Scrap Metals is generally high-purity nickel scrap: nickel cathode, nickel mesh, nickel rods, nickel plates, nickel tubes, and other nickel scrap with coatings. This type of nickel waste is mainly found in electroplating industry, chlor-alkali industry and electrolytic water for hydrogen production. This kind of nickel scrap must contact DONGSHENG, our nickel scrap price must be very competitive.
Want to know the price of nickel scrap metal? Depends on the form and purity.LME spot nickel price about $17,500/ton (January 2025 benchmark), but nickel scrap price difference is significant: high purity nickel cathode (Ni ≥ 99.8%) recycling price up to $15,200/ton (about $6.9/lb), and mixed stainless steel scraps are only $3,800/ton ($1.7/lb). The nickel anode residual plate of electroplating industry contains more than 99.5% nickel. Chlor-alkali plant waste nickel mesh (Ni99) due to the corrosion of chlorine ions, nickel scrap price deduction of $1.2/kg - but after pickling and passivation, you can get an additional $ 900 per ton premium.
Copper nickel metal prices are tied to the value of the alloy. White copper (B10/B30) scrap contains 10-30% nickel and is recycled at LME nickel price x nickel content + copper price x 70%. For example, B30 trimmings (Ni30%, Cu68%) will be sold at $8,600/tonne in March 2025 (nickel contribution $5,250, copper $3,350). Note: Nickel scrap mixed with copper (e.g. motor winding) without pre-sorting, the nickel scrap price will be regarded as “copper-nickel slag” and the price will be lowered to $4,100/tonne; after laser sorting, the nickel component can be traded at $14,000/tonne separately. The core logic of nickel scrap prices is always the same - separation purity determines the premium.
> Key data to validate:
> - LME average nickel spot price $17,500/tonne (Fastmarkets, 2025 Q1)
> - European recyclers quoting $14,500-$15,500/tonne for high purity nickel sheet (Recycling Today, 2025.02)
> - Nickel 30% copper scrap sold at $8,200-$8,800/tonne (ScrapMonster, 2025.03)