Copper, nickel rise on upsurge in demand

Press Trust of India  |  New Delhi 

Prices of copper and nickel rose by up to Rs 4 per kg at the non-ferrous metal market today due to uptick in demand from consuming industries.

Traders said pick up in demand from consuming industries at domestic spot market, mainly led to rise in copper and nickel prices.


In the national capital, copper mixed scrap and nickel plate (4x4) went up by Rs 4 and Rs 3 to Rs 375 and Rs 770-780 per kg, respectively.

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

Zinc ingot Rs 116-122, Nickel plate (4x4) Rs 770-780, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 375, chadri deshi Rs 295.

Lead ingot Rs 123, lead imported Rs 129, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 03 2017. 14:42 IST