
PTI reported that led by Nickel, select copper and aluminum prices declined in a thin trading activity at the nonferrous metal market here today on stockist selling amidst lower industrial demand, despite higher London Metal Exchange cues.
The industrial metal rose on investors offtake following increased prospects that European Central Bank would offer fresh measures to bail out Spain. Nickel fell by INR 5 per kiloghram to INR 1,090 from Wednesday's closing level of INR 1,095.
Copper scrap heavy, copper armiture, copper sheet cutting, aluminum ingots and aluminum utensils scrap all softened by a rupee per kilogram each to INR 476, INR 466, INR 461, INR 142 and INR 114 respectively.
Source - Press Trust of India
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