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Copper, nickel strengthen on increased demand

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Press Trust of India New Delhi
Last Updated : Jan 11 2014 | 1:15 PM IST
Copper and nickel prices strengthened by Rs 2 per kg on the local non-ferrous base metals market today on increased demand from consuming industries.
Traders said rising demand from consuming industries mainly supported the upside in copper and nickel prices.
In the national capital, copper mixed scrap and nickel (4x4) advanced by by Rs 2 each to Rs 432 and Rs 1,077-1,078 per kg, respectively.
The following are today's metal rates per kg:
Zinc ingot 113-119, nickel plate (4x4) 1,077-1,078 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 432, chadri deshi 285.
Lead ingot 136,lead imported 134, aluminium ingots 150, Aluminium sheet cutting 151, aluminium wire scrap 153 and aluminium utensils scrap 150.

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First Published: Jan 11 2014 | 1:15 PM IST

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