Nickel dips on lack of demand

Print this page Posted on : 07-24-2008 by recycleinme.com

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

Source : Business Line