Nickel recovers marginally on renewed demand by traders

Nickel recovered marginally in an otherwise lacklustre trade at the non-ferrous metals market here today following stockists' buying amid mild demand from alloy industries.

Nickel recovered marginally in an otherwise lackluster trade at the non-ferrous metals market here today following stockists' buying amid mild demand from alloy industries.

Nickel rose by Rs 2 to Rs 990 per kg from Thursday's closing level of Rs 988.

Copper cable scrap and copper billets moved up by a rupee per kg each to Rs 465 and Rs 493, respectively.

However, brass utensils scrap and lead softened by a rupee per kg each to Rs 342 and Rs 166, respectively.

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