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Copper, nickel ease on reduced industrial demand

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Press Trust of India New Delhi
Prices of copper and nickel declined by Rs 2 per kg at the non-ferrous market today owing to slackened demand from consuming industries.

However, other base metals held steady in thin trade.

Traders said subdued demand from consuming industries attributed the fall in copper and nickel prices.

In the national capital, copper mixed scrap and nickel plate (4x4) were down by Rs 2 each to Rs 364 and Rs 834-839 per kg, respectively.

Following are today's metal rates (in Rs per kg):

Zinc ingot Rs 98-104, Nickel plate (4x4) Rs 834-839, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 364, chadri deshi Rs 295.
 

Lead ingot Rs 82, lead imported Rs 88, 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: Apr 16 2016 | 3:28 PM IST

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