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Copper, nickel strengthen on scattered demand

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Press Trust of India New Delhi
Last Updated : Sep 10 2018 | 2:50 PM IST

Prices of copper and nickel edged up by Rs 2 per kg at the non-ferrous metals market on Monday on the back of mild demand from consuming industries.

Traders said some demand from consuming industries at domestic spot market, mainly attributed the rise in prices.

However, activity remained restricted as enquiries from neighbouring states remained negligible due to 'Bharat Bandh' call given by the Congress party and several other parties against rising fuel prices, they added.

In the national capital, copper mixed scrap and nickel plate (4x4) were up by Rs 2 each to Rs 445 and Rs 936-938 per kg, respectively.

Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 141-147, nickel plate (4x4) Rs 936-938, gun metal scrap Rs 227,

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First Published: Sep 10 2018 | 2:50 PM IST

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