Nickel softens on reduced industrial demand
Nickel prices declined by Rs 3 per kg in an otherwise steady local non-ferrous base metals market today on reduced industrial demand.
By PTI | Updated:
NEW DELHI: Nickel prices declined by Rs 3 per kg in an otherwise steady local non-ferrous base metals market today on reduced industrial demand.
Traders fall in demand from consuming industries mainly led to decline in nickel prices.
In the national capital, nickel (4x4) declined by Rs 3 to Rs 1,063-1,064 per kg.
The following are today's metal rates per kg: Zinc ingot 111-117, nickel plate (4x4) 1,063-1,064 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 434,chadri deshi 285.
Lead ingot 144,lead imported 142, aluminium ingots 150, Aluminium sheet cutting 151, aluminium wire scrap 153 and aluminium utensils scrap 150.
Traders fall in demand from consuming industries mainly led to decline in nickel prices.
In the national capital, nickel (4x4) declined by Rs 3 to Rs 1,063-1,064 per kg.
The following are today's metal rates per kg: Zinc ingot 111-117, nickel plate (4x4) 1,063-1,064 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 434,chadri deshi 285.
Lead ingot 144,lead imported 142, aluminium ingots 150, Aluminium sheet cutting 151, aluminium wire scrap 153 and aluminium utensils scrap 150.
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