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Nickel strengthens on strong demand

Press Trust of India  |  New Delhi 

prices strengthened by Rs 2 at the market today on the back of surging demand from consuming industries.

Traders said, soaring demand from alloy-makers at domestic spot market, mainly kept prices higher.

In the national capital, plate (4x4) advanced by Rs 2 to Rs 830-835 per kg.

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

Zinc ingot Rs 126-132, nickel plate (4x4) Rs 830-835, gun scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 420, chadri deshi Rs 295.

Lead ingot Rs 125, lead imported Rs 132, aluminium ingots Rs 161, aluminium sheet cutting Rs 157, aluminium wire scrap Rs 157 and aluminium utensils scrap Rs 155.

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

First Published: Sat, April 14 2018. 14:30 IST