Zinc, copper prices up on pick up in demand

Prices of zinc and copper rose by Rs 2 per kg at the non-ferrous metals market today following increased demand from consuming industries amid a firm global trend.
Traders said sentiment bolstered as zinc led rebound in global markets, leading most metals higher, after Chinese government said it would take measures to shore up growth.
Meanwhile, zinc for delivery in three months rose 0.8 per cent to USD 2,026.50 a metric tonne on the London Metal Exchange.
In the national capital, zinc ingot and copper were up by Rs 2 each to Rs 120-126 and Rs 409 per kg respectively.

Following are today's metal rates (in Rs per kg)
Zinc ingot Rs 120-126, Nickel plate (4x4) Rs 1,057-1,062, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 409, Chadri deshi Rs 285.
Lead ingot- Rs 104, Lead imported- Rs 105, Aluminium ingots- Rs 164, Aluminium sheet cutting- Rs 165, Aluminium wire scrap- Rs 167 and Aluminium utensils scrap- Rs 164.