Nickel dips on lack of demand
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Prices of nickel, lead and copper declined moderately on the non-ferrous metal market on Wednesday due to lack of industrial demand while zinc moved up owing to good demand from industrial users. Nickel fell by Rs 5 a kgo to Rs 1,120, lead by Rs 2 a kg to Rs 108, copper cable scrap by Re 1 a kg to Rs 387 and copper wire bar by Re 1 a kg to Rs 415. Zinc rose by Rs 3 a kg to Rs 110 from Rs 107
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Source : Business Line |
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