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Nickel falls on sluggish demand

Press Trust of India  |  New Delhi 

Nickel prices moved down by Rs 5 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries at domestic spot market.

Traders said subdued demand from consuming industries at domestic spot market mainly attributed the fall in nickel prices.

In the national capital, nickel plate (4x4) fell by Rs 5 to Rs 815-820 per kg.

Following are today's metal rates (in Rs per kg):

Zinc ingot Rs 108-114, Nickel plate (4x4) Rs 815-820, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 369, chadri deshi Rs 295.

Lead ingot Rs 97, lead imported Rs 103, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 17 2017. 14:22 IST