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Nickel edges higher on scattered demand

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Press Trust of India New Delhi
Last Updated : Jan 22 2018 | 2:20 PM IST
Nickel prices inched up Rs 2 per kg at the non-ferrous metal market today on the back of mild demand from consuming industries.
Traders said scattered demand from consuming industries mainly helped nickel prices to trade higher.
In the national capital, nickel plate (4x4) recovered by Rs 2 to Rs 750-755 per kg on increased demand from alloy- makers.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 118-124, Nickel plate (4x4) Rs 750-755, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 398, chadri deshi Rs 295.
Lead ingot Rs 121, lead imported Rs 127, 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: Jan 22 2018 | 2:20 PM IST

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