Copper, nickel strengthen on increased demand

NEW DELHI, Feb 20:  Prices of copper and nickel strengthened by Rs 2 per kg at the non-ferrous metals market today due to increased offtake by consuming industries.
Traders said besides pick up in demand from consuming industries, a report of a firm trend overseas kept copper and nickel prices higher.
In the national capital, copper mixed scrap and nickel plate (4×4) were up by Rs 2 each to Rs 351 and Rs 827-832 per kg respectively.
Following are today’s metal rates (in Rs per kg):
Zinc ingot Rs 96-102, Nickel plate (4×4) Rs 827-832, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 351, Chadri deshi Rs 295.
Lead ingot Rs 85, lead imported Rs 91, aluminium ingots Rs 146, aluminium sheet cutting Rs 142, aluminium wire scrap Rs 142 and aluminium utensils scrap Rs 140. (PTI)

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