Copper and nickel strengthened at the non-ferrous metal market today on fresh demand from consuming industries amid a firm trend in base metals at the futures market.
Traders said besides pick up in demand from consuming industries at domestic spot market, a better trend in select base metals at the futures market, mainly influenced copper and nickel prices.
In the national capital, copper mixed scrap traded higher by Rs 2 to Rs 337 per kg, while nickel gained Re 1 at Rs 780- 785 per kg on increased demand from alloy-makers.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 104-110, Nickel plate (4x4) Rs 780-785, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 337, chadri deshi Rs 295.
Lengot Rs 92, lead imported Rs 98, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.
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