Nickel gains on global trend
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Metal prices firmed up in the range of Rs.2 to Rs.5 a kg in the non-ferrous metal market on Thursday following higher London Metal Exchange (LME) advices amid better buying by stockists and consuming industries. Nickel plate (4x4), (9x4) and (4x24) moved up by Rs.5 each to Rs.1,355-1,515, Rs.1,385-1,505 and Rs1,385-1,515 a kg respectively. Zinc slab and dross also marked ahead by Rs.3 to settle at Rs.158 and Rs.128 a kg respectively. Lead ingot and lead imported pushed higher by Rs.2 each at Rs.100 and Rs.136-141 a kg respectively.
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Source : Business Line |
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