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Copper, nickel extend gains on rising demand

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Press Trust of India New Delhi
Copper and nickel prices advanced by Rs 2 per kg at the non-ferrous metal market today on the back of rising demand from consuming industries at domestic spot market.

Traders said increased demand from consuming industries at domestic spot market, mainly kept copper and nickel prices higher.

In the national capital, copper mixed scrap and nickel plate (4x4) went up by Rs 2 each to Rs 359 and Rs 807-812 per kg, respectively.

Following are today's metal rates (in Rs per kg):

Zinc ingot Rs 104-110, Nickel plate (4x4) Rs 807-812, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 359, chadri deshi Rs 295.
 

Lead ingot Rs 87, lead imported Rs 93, 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: Jan 04 2017 | 2:22 PM IST

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