The News Scroll 06 February 2018  Last Updated at 2:45 pm | Source: PTI

Copper, nickel remain weak on muted demand

Copper, nickel remain weak on muted demand

New Delhi, Feb 6 (PTI) Prices of copper and nickel drifted lower by up to Rs 3 per kg at the non-ferrous metal market today on fall in demand from consuming industries.

Traders said easing demand from consuming industries at domestic spot market kept copper and nickel prices lower.

In the national capital, copper mixed scrap and nickel plate (4x4) declined by Rs 2 and Rs 3 to Rs 400 and Rs 770-775 per kg, respectively.

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

Zinc ingot Rs 124-130, Nickel plate (4x4) Rs 770-775, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 400, chadri deshi Rs 295.

Lead ingot Rs 123, lead imported Rs 129, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI
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