Nickel remains weak on muted demand

Nickel prices fell further by Rs 5 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries amid weak trend overseas.
Traders said muted demand from consuming industries at domestic spot market and a weak global trend mainly kept nickel prices lower.
In the national capital, nickel plate (4x4) drifted lower by Rs 5 to Rs 847-852 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 94-100, Nickel plate (4x4) Rs 847-852, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 370, chadri deshi Rs 295.

Lead ingot Rs 80, lead imported Rs 86, aluminium ingots Rs 152, aluminium sheet cutting Rs 148, aluminium wire scrap Rs 148 and aluminium utensils scrap Rs 146.