Nickel strengthens on pick up in demand

NEW DELHI, Nov 11:  Nickel prices strengthened by Rs 3 per kg at the non-ferrous metal market today due to increased demand from consuming industries.
Traders said increased demand from alloy-makers mainly led nickel prices higher.
In the national capital, nickel plate (4×4) advanced by Rs 3 to Rs 770-780 per kg.
Following are today’s metal rates (in Rs per kg):
Zinc ingot Rs 116-122, Nickel plate (4×4) Rs 770-780, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 380, chadri deshi Rs 295.
Lead ingot Rs 121, lead imported Rs 127, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148. (PTI)

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