Copper, lead up on industrial demand

Select base metals including copper and lead strengthened by Rs 3 per kg in the local non-ferrous metal market today on the back of pick-up in industrial demand.

Market analysts said increased demand from consuming industries such as cable makers and battery manfuacturing units mainly supported the upside in copper and lead prices.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were up by Rs 3 each to Rs 508, Rs 531 and Rs 491 per kg, respectively.

Lead ingot and lead imported also strengthened by similar margin to Rs 144 and Rs 147 per kg, respectively. 

 

Following were today's quotations Rs per kg: 

Tin ingot 850, zinc ingot 136.50, nickel plate (4x4) 1,060-1,062, gun metal scrap 226 bell metal scrap 228, copper wire scrap 508, copper wire bar 531, copper mixed scrap 491, Utensil scrap 224, Chadripital 175

Lead ingot 144, lead imported 147, aluminium ingots 109, sheet cutting 110, aluminium wire scrap 110 and aluminium utensils scrap 107