Don’t miss the latest developments in business and finance.

Copper,nickel strengthen on increased demand

Image
Press Trust of India New Delhi
Last Updated : Jan 19 2017 | 2:22 PM IST
Prices of copper and nickel strengthened by Rs 2 per kg at the non-ferrous metal market today due to increased demand from consuming industries at domestic spot market.
Traders said increased demand from consuming industries at domestic spot market mainly kept copper and nickel prices higher.
In the national capital, copper mixed scrap and nickel plate (4x4) advanced by Rs 2 each to Rs 358 and Rs 807-812 per kg, respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 104-110, Nickel plate (4x4) Rs 807-812, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 358, chadri deshi Rs 295.
Lead ingot Rs 89, lead imported Rs 95, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

Also Read

First Published: Jan 19 2017 | 2:22 PM IST

Next Story