Zinc strengthens on rising demand

NEW DELHI, May 28:  Zinc prices strengthened by Rs 2 per kg at the non-ferrous metal market today on rising demand from consuming industries.
However, other base metals moved in a narrow range in scattered deals and settled at previous levels.
Traders said increased demand from consuming industries mainly kept zinc prices higher.
In the national capital, zinc ingot moved up by Rs 2 to Rs 98-104 per kg.
Following are today’s metal rates (in Rs per kg):
Zinc ingot Rs 98-104, Nickel plate (4×4) Rs 845-850, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 369, chadri deshi Rs 295.
Lead ingot Rs 72, lead imported Rs 78, aluminium ingots Rs 155, aluminium sheet cutting Rs 151, aluminium wire scrap Rs 151 and aluminium utensils scrap Rs 149. (PTI)

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