Nickel strengthens on increased demand

NEW DELHI, Feb 22: Nickel prices strengthened by Rs 2 per kg on the local non-ferrous base metals market today due to increased demand from consuming industries.
Traders said increased demand from consuming industries mainly strengthen nickel prices.
In the national capital, nickel advanced by Rs 2 to Rs 1,064-1,065 per kg.
The following are today’s metal rates per kg:
Zinc ingot 119-125, nickel plate (4×4) 1,064-1,065 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 444, chadri deshi 285.
Lead ingot 138, lead imported 136, aluminium ingots 146, Aluminium sheet cutting 147, aluminium wire scrap 149 and aluminium utensils scrap 146. (AGENCIES)