Copper, nickel edge up on scattered industrial demand

Prices of copper and nickel edged higher by Rs 2 per kg at the non-ferrous metal market today on mild demand from consuming industries.

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

In the national capital, copper mixed scrap and nickel plate (4x4) were trading up by Rs 2 each to Rs 384 and Rs 767 -777 per kg, respectively.

Following are today's metal rates (in Rs per kg): Zinc ingot Rs 116-122, Nickel plate (4x4) Rs 767-777, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 384, chadri deshi Rs 295.

Lead ingot Rs 121, lead imported Rs 127, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)