Select copper recovers on fresh demand

Select copper recovered modestly at the non-ferrous market here today on stockists buying amid fresh demand from industrial users.

While, copper utensils, brass utensils scrap, zinc and nickel eased following reduced offtake from consuming industries.

Copper scrap heavy rose by Rs 5 per kg to Rs 390 from last Saturday's close at Rs 385.

Copper cable scrap and copper wire bar moved up by Rs 3 per kg each to Rs 395 and Rs 423 as against Rs 392 and Rs 420 previously.

Copper armature inched up by Rs 382 per kg.

However, brass utensils scrap and nickel fell by Rs 5 per kg each to Rs 307 and Rs 690 as compared to Rs 312 and Rs 695.
 

Copper utensils scrap edged down by Rs 4 per kg to Rs 356 from weekend's close of Rs 360.

Zinc softened by a Re per kg to Rs 213.