Business Standard

Copper strengthens on industrial demand

Image

Press Trust of India New Delhi

Copper prices rose by Rs 2 per kg in the local non-ferrous metal market today on pick up in industrial demand. 

Traders said pick up in industrial demand mainly helped copper prices to move up.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were up by Rs 2 each to Rs 503, Rs 526 and Rs 486 per kg, respectively. 

Following were today's quotations in Rs per kg:

Tin ingot 840, zinc ingot 129.50, nickel plate (4x4) 1,040-1,042, gun metal scrap 226 bell metal scrap 228, copper wire scrap 503, copper wire bar 526, copper mixed scrap 486, Utensil scrap 224, Chadripital 175

 

Lead ingot 140, lead imported 143, aluminium ingots 110, sheet cutting 111, aluminium wire scrap 110 and aluminium utensils scrap 107

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 02 2011 | 2:55 PM IST

Explore News