Nickel tumbles on week LME:

Print this page Posted on : 03-21-2007 by recycleinme.com

Nickel prices tumbled on the local non ferrous metal market on fresh stockist’s offerings and fall in the London Metal Exchange on Tuesday. Copper, brass and zinc also eased on lack of industrial demand. Nickel dropped from Rs 2,340 to Rs 2,290 by Rs 50 per Kg. Copper scrap heavy eased to Rs 332 per kg, copper armature to Rs 327 per kg, copper utensils scrap to Rs 305, copper sheets cutting to Rs 258 per kg, brass sheet cutting to Rs 258per kg and zinc to Rs183 per kg.

Source : Business Line