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Copper, nickel slide on subdued demand

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Press Trust of India New Delhi
Last Updated : Aug 22 2016 | 3:02 PM IST
Copper prices copper and nickel fell by upto Rs 3 per kg at the non-ferrous metal market today due to sluggish demand from consuming industries at domestic spot market.
Traders said low demand from consuming industries at domestic spot market led to decline in copper and nickel prices.
In the national capital, copper mixed scrap and nickel plate (4x4) fell by Rs 2 and Rs 3 to Rs 368 and Rs 835-840 per kg respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 108-114, Nickel plate (4x4) Rs 835-840, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 368, chadri deshi Rs 295.
Lead ingot Rs 93, lead imported Rs 99, aluminium ingots Rs 156, aluminium sheet cutting Rs 152, aluminium wire scrap Rs 152 and aluminium utensils scrap Rs 150.

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First Published: Aug 22 2016 | 3:02 PM IST

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