New Delhi, Sep 28 (PTI) Prices of copper and nickel recovered by Rs 2 per kg at the non-ferrous metals market Friday due to improved demand from consuming industries. Also Read - Gold climbs Rs 310 on jewellers' buying, global cues
Traders said besides pick-up in demand from consuming industries at domestic spot markets, a better trend overseas mainly led to rise in copper and nickel prices. Also Read - Gold rises tracking firm trend overseas; silver gains
Meanwhile, copper for delivery in three-month was up 0.20 per cent to USD 6,199 per tonne on the London Metal Exchange. Also Read - Aluminium futures remain weak, shed 0.26% on weak domestic demand
In the national capital, copper mixed scrap and nickel plate (4×4) rebounded by Rs 2 each to Rs 445 and Rs 942-944 per kg respectively.
Following are today’s metal rates (in Rs per kg): Zinc ingot Rs 145-151, nickel plate (4×4) Rs 942-944, gun metal scrap Rs 227, bell metal scrap 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 is published unedited from the PTI feed.