Ni

Metal Profile

Nickel

121,760CNY/t-1.06%

Nickel is essential for stainless steel production (about 70% of nickel use) and is increasingly critical for EV battery cathodes (NMC/NCA). Indonesia is the world's largest nickel ore producer.

Domestic Benchmark (Live)

121,760CNY/t

Overseas · LME

15,580.00USD/t

-1.06%

Domestic prices are SHFE settlement and include 13% VAT (gold is VAT-exempt, silver is not); LME / COMEX prices exclude VAT, duty and freight. The two are therefore not comparable at the spot FX rate alone.

CNY/t · Domestic Benchmark

HS Code · Customs Classification

HS CodeDescription
7502.10Unwrought nickel, non-alloy
7502.20Unwrought nickel alloys
7503.00Nickel waste and scrap (solid waste, import prohibited)

The 6-digit code shown is the international HS subheading (WCO standard). Full Chinese customs filings use a 10-digit statistical code — see the Chinese version for the 8-digit national tariff line.

All 4 nickel HS codes with China trade volumes →

Import Tariff Rates

Nickel ores and concentrates2604.000%
Nickel, not alloyed, unwrought7502.101%provisional (MFN 3%)
Nickel alloys, unwrought7502.203%
Nickel waste and scrap7503.00Import banned
VAT (Import)13%

Where a provisional rate exists, it is the rate actually applied. Rates are taken from a third-party tariff database (data as of 2026-08-23), not an official customs notice — confirm against the current Chinese customs tariff before filing.

Import Policy

Unwrought non-alloy nickel (HS 7502.10) has a 3% MFN rate, but the 1% provisional rate is what is actually applied; unwrought nickel alloys (HS 7502.20) pay the 3% MFN rate. Import VAT is 13%. Exports carry a 40% statutory duty (5% provisional for 99.99%+ purity, 15% otherwise) and need an export licence. Nickel waste and scrap (HS 7503) is classified as solid waste and has been banned from import since 2021 (nickel-bearing stainless scrap such as 304/316 falls under the recycled iron and steel standard GB/T 39733 instead). Nickel ore (HS 2604) is duty-free with no Chinese regulatory conditions — the constraint on that route is Indonesia’s raw-ore export ban. Nickel is key to stainless steel (about 70% of global nickel consumption) and EV batteries.

Common Specifications

Full Plate Nickel (LME Grade A, Ni ≥99.8%)Electrolytic NickelNickel BriquetteAlloy Steel Scrap (304/316 stainless steel)Superalloy Scrap (high-Ni superalloy)Nickel-metal Hydride Battery Scrap

How to Sell Nickel to China

China is the world's largest importer of nickel, accounting for a dominant share of global demand. Chinese buyers — including smelters, refineries, processors, and trading companies — actively seek verified overseas suppliers year-round. Common traded forms include refined nickel, alloy ingots, and recyclable scrap.

To sell nickelinto China, your cargo must be correctly classified under the applicable HS codes (listed above) and comply with China's customs inspection requirements. Pricing is typically benchmarked against the SHFE (Shanghai Futures Exchange) spot price or LME, with regional premiums or discounts depending on grade, origin, and logistics.

Guilin Metals operates a curated network of nickel buyers across China — from major industrial hubs in Guangdong, Zhejiang, and Jiangsu to inland smelting regions. Post your nickel supply listing with grade, quantity, and origin, and our team will match you with active buyers and provide indicative prices within 24 hours.

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Related Keywords

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