Nickel remains weak on reduced industrial offtake
Traders said reduced industrial off take mainly put pressure on nickel prices.
By PTI | Updated:
NEW DELHI: In restricted activity, nickel prices declined by Rs 2 per kg on the local non-ferrous metal market today due to reduced industrial offtake.
Traders said reduced industrial off take mainly put pressure on nickel prices.
In the national capital, nickel (4x4) declined by Rs 2 to Rs 1,041-1,044 per kg.
The following are today's metal rates per kg: Zinc ingot 107-113, nickel plate (4x4) 1,041-1,044 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 414, chadri deshi 285.
Lead ingot 137, lead imported 135, aluminium ingots 142, sheet cutting 143, aluminium wire scrap 146 and aluminium utensils scrap 142.
Traders said reduced industrial off take mainly put pressure on nickel prices.
In the national capital, nickel (4x4) declined by Rs 2 to Rs 1,041-1,044 per kg.
The following are today's metal rates per kg: Zinc ingot 107-113, nickel plate (4x4) 1,041-1,044 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 414, chadri deshi 285.
Lead ingot 137, lead imported 135, aluminium ingots 142, sheet cutting 143, aluminium wire scrap 146 and aluminium utensils scrap 142.
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