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Nickel softens on subdued demand

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Press Trust of India New Delhi
Nickel prices moved down by Rs 3 per kg at the non-ferrous metal market today on sluggish demand from consuming industries at domestic spot market.

Traders attributed the fall in nickel prices to muted demand from consuming industries at domestic spot market.

In the national capital, nickel plate (4x4) were down by Rs 3 to Rs 805-810 per kg.

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

Zinc ingot Rs 104-110, Nickel plate (4x4) Rs 805-810, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 353, chadri deshi Rs 295.

Lead ingot Rs 87, lead imported Rs 93, 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: Dec 24 2016 | 3:32 PM IST

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