Copper, nickel edge up on rise in demand

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Press Trust of India New Delhi
Last Updated : Jul 25 2016 | 3:13 PM IST
Prices of copper and nickel rose by Rs 2 per kg at the non-ferrous metal market today on pick up in demand from consuming industries amid firm global cues.
Traders said uptick in demand from consuming industries and a firm trend in overseas market led to rise in copper and nickel prices.
Meanwhile, copper for three-months delivery added 0.4 per cent on the London Metal Exchange.
In the national capital, copper mixed scrap and nickel plate (4x4) were up by Rs 2 each to Rs 377 and Rs 852-857 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 103-109, Nickel plate (4x4) Rs 852-857, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 377, chadri deshi Rs 295.
Lead ingot Rs 90, lead imported Rs 96, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.
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First Published: Jul 25 2016 | 3:13 PM IST

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