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Copper, nickel rise on fresh buying

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Press Trust of India New Delhi
Last Updated : Feb 01 2017 | 2:57 PM IST
Prices of copper and nickel rose by Rs 2 per kg at the non-ferrous metal market today on fresh buying by stockists following uptick in demand from consuming industries at domestic spot market.
Traders said stockists buying due to pick up demand from consuming industries at the spot markets, led to rise in copper and nickel prices.
In the national capital, copper mixed scrap and nickel plate (4x4) rose by Rs 2 each to Rs 357 and Rs 814-819 per kg respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 102-108, Nickel plate (4x4) Rs 814-819, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 357, chadri deshi Rs 295.
Lead ingot Rs 87, lead imported Rs 93, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

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First Published: Feb 01 2017 | 2:57 PM IST

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