Copper rises on global cues

Copper prices traded higher by Rs 2 per kg on the local non-ferrous metal market today on increased industrial demand, amid a firming trend in global markets. 

In the national capital, copper wire scrap, copper wire bar and copper mixed scrap remained in demand and added another Rs 2 each to Rs 507, Rs 530 and Rs 491 per kg, respectively.

Following were today's quotations per kg:

Tin ingot 845, zinc ingot 135.50, nickel plate (4x4) 1,070-1,072, gun metal scrap 226 bell metal scrap 228, copper wire scrap 507, copper wire bar 530, copper mixed scrap 491, Utensil scrap 224, Chadripital 175

 

Lead ingot 140, lead imported 142, aluminium ingots 109, sheet cutting 110, aluminium wire scrap 110 and aluminium utensils scrap 107