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Copper strengthens on increased offtake

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Press Trust of India New Delhi
Copper prices strengthened by Rs 2 per kg at the non-ferrous metals market today due to pick up in demand from consuming industries.

Traders said pick in demand from consuming industries mainly led to the rise in copper prices.

In the national capital, copper mixed scrap advanced by Rs 2 to Rs 345 per kg.

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

Zinc ingot Rs 96-102, Nickel plate (4x4) Rs 830-835, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 345, Chadri deshi Rs 295.

Lead ingot Rs 78, lead imported Rs 84, aluminium ingots Rs 142, aluminium sheet cutting Rs 138, aluminium wire scrap Rs 138 and aluminium utensils scrap Rs 136.

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First Published: Jan 14 2016 | 3:07 PM IST

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