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Nickel strengthens on pick up in demand

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Press Trust of India New Delhi
Nickel prices strengthened by Rs 2 per kg at the non-ferrous metals market today due to pick up in demand from consuming industries.

Traders said increased demand from consuming industries kept nickel prices higher.

In the national capital, nickel plate (4x4) advanced by Rs 2 to Rs 847-852 per kg.

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

Zinc ingot Rs 96-102, Nickel plate (4x4) Rs 847-852, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 351, Chadri deshi Rs 295.

Lead ingot Rs 80, lead imported Rs 86, aluminium ingots Rs 142, aluminium sheet cutting Rs 138, aluminium wire scrap Rs 138 and aluminium utensils scrap Rs 136.
 

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First Published: Dec 24 2015 | 2:57 PM IST

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