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Copper, nickel rise on upsurge in demand

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Press Trust of India New Delhi
Prices of copper and nickel rose by up to Rs 4 per kg at the non-ferrous metal market today due to uptick in demand from consuming industries.

Traders said pick up in demand from consuming industries at domestic spot market, mainly led to rise in copper and nickel prices.

In the national capital, copper mixed scrap and nickel plate (4x4) went up by Rs 4 and Rs 3 to Rs 375 and Rs 770-780 per kg, respectively.

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

Zinc ingot Rs 116-122, Nickel plate (4x4) Rs 770-780, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 375, chadri deshi Rs 295.
 

Lead ingot Rs 123, lead imported Rs 129, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Nov 03 2017 | 2:42 PM IST

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