Copper remains up on global cues

Copper prices added another Rs 2 per kg on the local non-ferrous metal market today largely on firming global trend.

Traders said sustained buying by stockists on pick up in industrial demand amid rising trend in overseas market mainly led to rise in copper prices.

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap remained in demand and advanced by Rs 2 each Rs 476, Rs 500 and Rs 461 per kg, respectively.

Following were today's quotations in Rs per kg:

Tin ingot 820, zinc ingot 134.50, nickel plate (4x4) 1,022-1,024, gun metal scrap 226 bell metal scrap 228, copper wire scrap 476, copper wire bar 500, copper mixed scrap 461, Utensil scrap 224, Chadripital 175.

Lead ingot 139, lead imported 141, aluminium ingots 102, sheet cutting 105, aluminium wire scrap 102 and aluminium utensils scrap 102.