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Nickel prices remain weak on subdued demand

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Press Trust of India New Delhi

Nickel prices eased further by Rs 3 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries.

Traders said, weak demand from consuming industries at domestic spot market kept nickel prices lower.

In the national capital, nickel plate (4x4) shed Rs 3 to Rs 865-870 per kg.

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

Zinc ingot Rs 140-146, nickel plate (4x4) Rs 865-870, gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 438, chadri deshi Rs 295.

Lead ingot Rs 141, lead imported Rs 148, aluminium ingots Rs 168, aluminium sheet cutting Rs 164, aluminium wire scrap Rs 164 and aluminium utensils scrap Rs 162.

 

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First Published: Jun 06 2018 | 3:05 PM IST

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