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Copper, nickel recover on increased reduced offtake

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Press Trust of India New Delhi
Prices of copper and nickel recovered by Rs 2 per kg at the non-ferrous metals market today on increased industrial offtake.

Traders said increased offtake by industries units and reports of firm global trend mainly led to the rise in copper and nickel prices.

Copper mixed scrap and nickel (4x4) recovered by Rs 2 each to Rs 410 and Rs 1,055-1,060 per kg,respectively.

Following are today's metal rates (in Rs per kg)

Zinc ingot Rs 120-126, Nickel plate (4x4) Rs 1,055-1,060, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 410, Chadri deshi Rs 285.
 

Lead ingot- Rs 101, Lead imported- Rs 102, Aluminium ingots- Rs 160, Aluminium sheet cutting- Rs 161, Aluminium wire scrap- Rs 163 and Aluminium utensils scrap- Rs 160.

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First Published: Mar 21 2015 | 3:48 PM IST

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