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Copper strengthens on increased industrial offtake

Other base metals held steady in thin trade

Copper strengthens on increased industrial offtake

Press Trust of India New Delhi
Copper prices were up by Rs 2 per kg at the non-ferrous metals market today due to increased demand from consuming industries.

However, other base metals held steady in thin trade.

Traders said pick up in demand from consuming industries kept copper prices higher.

In the national capital, copper mixed scrap gained another Rs 2 to Rs 362 per kg.

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

Zinc ingot Rs 98-104, Nickel plate (4x4) Rs 832-837, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 362, Chadri deshi Rs 295.

Lead ingot Rs 87, lead imported Rs 93, aluminium ingots Rs 146, aluminium sheet cutting Rs 142, aluminium wire scrap Rs 142 and aluminium utensils scrap Rs 140.
 

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First Published: Mar 05 2016 | 3:28 PM IST

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