Nickel weakens on low demand

NEW DELHI, Aug 4: Nickel prices softened by Rs 2 per kg at the non-ferrous metals market today owing to slackened demand from consuming industries.
Traders attributed the fall in nickel prices to easing demand from consuming industries at domestic spots market.
In the national capital, nickel plate (4×4) shed Rs 2 at Rs 910-913 per kg.
Following are today’s metal rates (in Rs per kg):
Zinc ingot Rs 133-139, nickel plate (4×4) Rs 910-913, gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 434, chadri deshi Rs 295.
Lead ingot Rs 138, lead imported Rs 145, aluminium ingots Rs 168, aluminium sheet cutting  Rs 164,  aluminium wire scrap Rs 164 and aluminium utensils scrap Rs 162. (PTI)