Nickel declines on weak LME

Print this page Posted on : 12-12-2007 by recycleinme.com
Prices of copper, nickel and lead traded lower in the range of Rs.5 and Rs.10 per kg in the non-ferrous metals market on Tuesday on emergence of selling triggered by weakening London Metal Exchange (LME) trend. Lead ingot shed Rs.5 at Rs.103 a kg. Nickel plate 4x4, 9x9 and 4x24 also moved down by RS.10 each at Rs.1,365-1,520, Rs.1,395-1,515 and Rs.1,395-1,525 a kg respectively.
Source : Business Line

Latest Scrap and Metal news

Aluminium hits 4-year low as stocks rise Lead falls 3.9% to a 2-1/2 year low of $1,043
Tin gains on industrial support
Cadmium prices drift lower
Malaysia tin down $499/tonne
Aluminium hits 3-1/2 year low
Steel futures on LME sag on poor demand Prices plummet to $255/t as construction projects slow down
Mixed trend in metal prices

More Scrap and Metal news