Nickel strengthens on increased demand

NEW DELHI, Apr 22: Nickel prices were trading higher by Rs 3 per kg at the non-ferrous metal market today due to increased demand from consuming industries.
Traders said, increased demand from consuming industries, particularly alloy-makers, at domestic spot market, mainly kept nickel prices higher.
In the national capital, nickel plate (4×4) advanced by Rs 3 to Rs 785-790 per kg.
Following are today’s metals’ rates (in Rs per kg):
Zinc ingot Rs 102-108, Nickel plate (4×4) Rs 785-790, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 342, chadri deshi Rs 295.
Lead ingot Rs 91, lead imported Rs 97, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148. (PTI)