What is the Average Cost of Nickel per gram/pound/ton? Average Price

Nickel is a chemical element which is used in many everyday items including coins, stainless steel and batteries. It is also commonly used in alloys with other elements such as copper, aluminium and lead. The cost of nickel will depend greatly on current market conditions. In 2010, the average cost for a pound of nickel was about $10 per pound. ($0.55/ounce, or $20,000 per ton)