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Nickel turns weak on muted demand

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Press Trust of India New Delhi
Last Updated : Dec 26 2017 | 2:35 PM IST
Nickel prices fell by Rs 5 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries.
Traders said easing demand from consuming industries at domestic spot market, mainly attributed the slide in nickel prices.
In the national capital, nickel plate (4x4) declined by Rs 5 to Rs 755-760 per kg.
Following are today's metals' rates (in Rs per kg):
Zinc ingot Rs 122-128, Nickel plate (4x4) Rs 755-760, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 391, 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: Dec 26 2017 | 2:35 PM IST

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