Business Standard

Copper strengthens on industrial demand

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Press Trust of India New Delhi

Copper remained in demand in the local non-ferrous metals market today, gaining Rs 2 per kg on stockist buying, driven by the pick-up in demand from consuming industries.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap added Rs 2 each to trade at Rs 357, Rs 376 and Rs 336 per kg respectively.

The following are today's quotations in Rs per kg:

Tin ingot 790, zinc ingot 119.00, nickel plate (4x4) 875-989, gun metal scrap 226, bell metal scrap 228, copper wire scrap 357, copper wire bar 376, copper mixed scrap 336, Utensil scrap 224, Chadripital 175.
    
Lead ingot 119, lead imported 121, aluminium ingots 97, sheet cutting 98, aluminium wire scrap 97 and aluminium utensils scrap 96.

 

 

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First Published: May 22 2010 | 2:54 PM IST

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