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Copper, nickel slide on low demand

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Press Trust of India New Delhi
Prices of copper and nickel fell by Rs 2 each per kg at the non-ferrous metal market today due to subdued demand from consuming industries.

Traders said sluggish demand from consuming industries at domestic spot market, mainly kept pressure on copper and nickel prices.

In the national capital, copper mixed scrap and nickel plate (4x4) declined by Rs 2 each to 342 and Rs 783-788 per kg.

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

Zinc ingot Rs 102-108, Nickel plate (4x4) Rs 783-788, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 342, chadri deshi Rs 295.
 

Lead ingot Rs 91, lead imported Rs 97, 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 26 2017 | 2:48 PM IST

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