Nickel slides on muted demand

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Press Trust of India New Delhi
Last Updated : Mar 09 2017 | 2:13 PM IST
Nickel prices declined by Rs 2 per kg at the non-ferrous metal market today owing to tepid demand from consuming industries at the domestic market.
Traders said subdued demand from consuming industries at domestic spot market mainly led to decline in nickel prices.
In the national capital, nickel plate (4x4) shed Rs 2 at Rs 805-810 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 102-108, Nickel plate (4x4) Rs 805-810, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 355, chadri deshi Rs 295.
Lead ingot Rs 90, lead imported Rs 96, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

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First Published: Mar 09 2017 | 2:13 PM IST

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