Copper and nickel gain on good demand

Image
Press Trust of India Mumbai
Last Updated : Feb 01 2018 | 5:05 PM IST
Copper scrap heavy, copper armiture, copper sheet cuttings and nickel gained further at the non-ferrous metal market here today on stockists buying amidst good demand from industrial users.
While, brass sheet cuttings and zinc eased owing to sluggish demand from alloy industries.
Nickel rose by Rs 5 per kg to Rs 900 from Wednesday's close Rs 895.
Copper scrap heavy, copper armiture and copper sheet cuttings inched up per kg each to Rs 447, Rs 435 and Rs 431.
However, zinc edged down by Rs 2 per kg to Rs 253 as against Rs 255 and brass sheet cuttings softened by a Re per kg to Rs 345.

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

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 01 2018 | 5:05 PM IST

Next Story