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Copper, nickel firm up on sustained demand

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 6:57 AM IST

Meanwhile, brass sheet cutting dropped owing to subdued demand from consumer industries.

The industrial metal was closed at the LME for 'Boxing Day Holiday.

Nickel and copper armiture shot-up by Rs 5 per kg each to Rs 1,110 and Rs 475 from Monday's closing level of Rs 1,105 and Rs 470.

Copper scrap heavy climbed by Rs 4 per kg to Rs 484 from Rs 480. Copper utensils scrap rose by Rs 3 per kg to Rs 475 from Rs 470.

Copper cable scrap and copper wire bar moved up by Rs 2 per kg each to Rs 492 and Rs 520 from Rs 490 and Rs 518.

However, brass sheet cutting fell by Rs 5 per kg to Rs 331 from Rs 336 previously.

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Tin edged down by Rs 2 per kg to Rs 1,413 from Rs 1,415.

Copper sheet cutting and aluminium utensil scrap both softened by a rupee per kg to Rs 469 and Rs 116.

  

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First Published: Dec 26 2012 | 4:55 PM IST

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