Nickel rebounds on upsurge in demand

Nickel prices recovered by Rs 10 per kg at the non-ferrous metal market today following pick-up in demand from consuming industries.
Traders said uptick in demand from alloy-makers at domestic spot market mainly pushed up nickel prices.
In the national capital, nickel plate (4x4) prices went up by Rs 10 to Rs 755-760 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 120-126, Nickel plate (4x4) Rs 755-760, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 390, chadri deshi Rs 295.
Lead ingot Rs 123, lead imported Rs 129, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.