Copper, lead recover on fresh demand

Copper and lead prices recovered at the non-ferrous metal market here today following stockists buying amidst fresh demand from industrial users.
Whereas, nickel surged due to sustained demand from alloy industries.
While, tin and zinc dropped further owing to lower demand from alloy industries.
Nickel prices advanced by Rs 20 per kg to Rs 800 from last Saturday's close Rs 780.
Copper sheet cuttings rose by Rs 5 per kg to Rs 381 as against Rs 376 yesterday and copper armiture gained by Rs 4 per kg to Rs 387 from Rs 383.
Copper utensils moved up by Rs 3 per kg to Rs 360 as compared to Rs 357 previously.

Lead and copper scrap heavy edged up by Rs 2 per kg each to Rs 150 and Rs 394 as against Rs 148 and Rs 392 Last weekends.
Copper cable scrap and copper wire bar inched up by a Re per kg each to Rs 401 and Rs 429.
However, tin eased by Rs 20 per kg to Rs 1,460 as against Rs 1,480 previously and zinc softened by a Re per kg to Rs 237.