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Copper, nickel recover on mild industrial demand

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Press Trust of India New Delhi
Last Updated : Sep 28 2018 | 3:00 PM IST

Prices of copper and nickel recovered by Rs 2 per kg at the non-ferrous metals market Friday due to improved demand from consuming industries.

Traders said besides pick-up in demand from consuming industries at domestic spot markets, a better trend overseas mainly led to rise in copper and nickel prices.

Meanwhile, copper for delivery in three-month was up 0.20 per cent to USD 6,199 per tonne on the London Metal Exchange.

In the national capital, copper mixed scrap and nickel plate (4x4) rebounded by Rs 2 each to Rs 445 and Rs 942-944 per kg respectively.

Following are today's metal rates (in Rs per kg):

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Sep 28 2018 | 3:00 PM IST

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