Copper, nickel recover on mild industrial demand

Press Trust of India  |  New Delhi 

Prices of and recovered by Rs 2 per kg at the non-ferrous market Friday due to improved demand from consuming industries.

Traders said besides pick-up in demand from consuming industries at domestic spot markets, a better trend overseas mainly led to rise in and prices.

Meanwhile, for delivery in three-month was up 0.20 per cent to USD 6,199 per tonne on the London Exchange.

In the national capital, copper mixed and plate (4x4) rebounded by Rs 2 each to Rs 445 and Rs 942-944 per kg respectively.

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

Zinc ingot Rs 145-151, nickel plate (4x4) Rs 942-944, gun Rs 227, bell metal Rs 229, copper mixed scrap Rs 445, chadri deshi Rs 295.

Lead ingot Rs 148, lead imported Rs 155, aluminium ingots Rs 170, aluminium sheet cutting Rs 166, aluminium wire scrap Rs 166 and aluminium utensils scrap Rs 164.

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

First Published: Fri, September 28 2018. 15:00 IST