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Nickel declines on listless trade

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Press Trust of India Mumbai
Nickel, copper scrap heavy and copper sheet cutting prices declined in an otherwise listless non-ferrous metal market here today on stockists' selling amid subdued demand from alloy industries.

While aluminium prices gained owing to good offtake from consuming industries.

Nickel prices fell by Rs 10 per kg to Rs 675 from Thursday's closing level of Rs 685.

Copper scrap heavy and copper sheet cutting softened by a Re per kg each to Rs 393 and Rs 382, respectively.

However, aluminium utensils scrap climbed by Rs 3 per kg to Rs 122 as against Rs 119.

Aluminium ingots edged-up by a Re per kg to Rs 152.
 

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First Published: May 26 2017 | 7:28 PM IST

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