Copper, lead rise on industrial demand

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Press Trust of India New Delhi
Last Updated : Feb 06 2015 | 2:20 PM IST
Prices of copper and lead rose by Rs 2 per kg at the local non-ferrous metals market today following pick-up in demand from consuming industries coupled with a firming global trend.
Traders said sentiments are better after copper gained in global markets before data that would signal the pace of growth in the US and China, the world's two biggest consumers of metals.
Meanwhile, copper for delivery in three months rose 0.3 per cent to USD 5,734.50 per metric tonne on the London Metal Exchange.
In the national capital, copper mixed scrap, lead ingot and lead imported were up by Rs 2 each to Rs 400, Rs 102 and Rs 103 per kg, respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot 112-118, Nickel plate (4x4) 1,060-1,065, Gun metal scrap 227, Bell metal scrap 229, Copper mixed scrap 400, Chadri deshi 285.
Lead ingot 102, Lead imported 103, Aluminium ingots 164, Aluminium sheet cutting 165, Aluminium wire scrap 167 and Aluminium utensils scrap 164.
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First Published: Feb 06 2015 | 2:20 PM IST

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