BW Businessworld

Copper, brass and aluminium ingots gain on good demand

Mumbai, Dec 8 (PTI) Copper, brass and aluminium ingots gained at the non-ferrous metal market here today on stockists' buying amid good demand from industrial users.

While, aluminium utensils and tin dropped due to lower demand from alloy industries.

Copper armature moved up by Rs 3 per kg to Rs 415 from Thursday's close at Rs 412.

Copper cable scrap, copper billets, brass sheet cuttings and aluminium ingots edged up by Rs 2 per kg each to Rs 434, Rs 462, Rs 332 and Rs 149 as against Rs 432, Rs 460, Rs 330 and Rs 151 yesterday.

Copper utensils, copper sheet cuttings and brass utensils scrap inched up per kg each to Rs 389, Rs 410 and Rs 315, respectively.

However, tin weakened by Rs 10 per kg to Rs 1,315 as compared to yesterday's close at Rs 1,325 and aluminium utensils softened by a Re per kg to Rs 119. PTI BPD SBT

Disclaimer: This story has not been edited by BW staff and is auto-generated from a syndicated feed.




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