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Copper, nickel rebound on uptick in demand

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Press Trust of India New Delhi
Prices of copper and nickel recovered by Rs 2 per kg at the non-ferrous metal market today following pick-up in demand from consuming industries.

Traders attributed the rise in copper and nickel prices to uptick in demand from consuming industries at domestic spot market.

In the national capital, copper mixed scrap and nickel plate (4x4) were up by Rs 2 each to Rs 358 and Rs 772-782 per kg respectively.

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

Zinc ingot Rs 110-116, Nickel plate (4x4) Rs 772-782, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 358, chadri deshi Rs 295.
 

Lead ingot Rs 114, lead imported Rs 120, 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: Sep 26 2017 | 2:48 PM IST

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