Copper recovers on pick up in demand

Copper prices recovered by Rs 2 per kg at the non-ferrous market today following pick up in demand from consuming industries amid a firm global trend.
Traders said better demand from consuming industries and a firm trend in global markets mainly led to the recovery in copper prices.
Globally, copper for delivery in three-months rose 1.1 per cent to USD 4,811.50 per metric tonne On the London Metal Exchange.
In the national capital, copper mixed scrap rose by Rs 2 to Rs 360 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 96-102, Nickel plate (4x4) Rs 837-842, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 360, chadri deshi Rs 295.

Lead ingot Rs 83, lead imported Rs 89, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.