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ET:Nickel recovers on some demand
 
NEW DELHI: In limited deals, nickel prices rose by Rs 2 per kg on the local non-ferrous metal market today on some industrial demand.

Traders said some industrial and a firming trend in overseas market mainly led to rise in nickel prices.

Meanwhile, nickel gained 2.1 per cent to USD 16,974 a tonne on the London Metal Exchange.

In the national capital,nickel (4x4) rose by Rs 2 Rs 1072-1075 per kg.

The following are metal rates per kg: Zinc ingot 119-125, nickel plate (4x4) 1,072-1,075, gun metal scrap 227, bell metal scrap 229, copper mixed scrap 443, chadri deshi 285.

Lead ingot 143, lead imported 141, aluminium ingots 138, sheet cutting 139, aluminium wire scrap 142 and aluminium utensils scrap 138.
Source