Copper, nickel strengthen on rising demand

NEW DELHI, Dec 2:  Prices of copper and nickel rose by up to Rs 3 per kg at the non-ferrous metal market today on increased industrial demand.
Traders said pick up in demand from consuming industries at the domestic spot market mainly kept copper and nickel prices higher.
In the national capital, copper mixed scrap and nickel plate (4×4) advanced by Rs 2 and Rs 3 to Rs 386 and Rs 760-765 per kg, respectively.
Following are today’s metal rates (in Rs per kg):
Zinc ingot Rs 118-124, Nickel plate (4×4) Rs 760-765, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 386, 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. (PTI)

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