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Copper, lead gains in lacklustre trade

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 4:10 AM IST

Meanwhile, copper scrap heavy and brass sheet cutting softened on reduced demand from consumer industries.

The industrial metal were trading higher at the London Metal Exchange (LME) after a one-day holiday on optimism that Spain would use public funds to bolster its struggling banks.

Copper utensils scrap and lead moved up by Rs 2 per kg to Rs 445 and Rs 125 from overnight close of Rs 443 and Rs 123.

Copper cable scrap, copper wire bar and copper sheet cutting all improved by a rupee per kg each to Rs 485, Rs 513 and Rs 466 respectively.

However, copper scrap heavy and brass sheet cutting both inched down by a rupee per kg to Rs 475 and Rs 327.

  

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First Published: May 08 2012 | 5:45 PM IST

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