Commodity Online
Base metal prices are getting steady in India. Base metals, like copper and nickel, consolidated on Friday by gaining Rs 5 per kg on sustained buying by stockists in line with firming global trend.
Traders said sustained buying by stockists and r eport of rising trend at London Metal Exchange mainly led to rise in copper and nickel prices.
At wholesale market in New Delhi, copper wire scrap, copper super-D-rod, copper wire bar and copper mixed scrap were remained in demand and added another Rs 2 each at Rs 225, Rs 247, Rs 252 and Rs 198 per kg respectively while nickel 4x4 edged up by Rs 5 to Rs 6 95-855 per kg.
Following were Friday's quotations Rs per kg:
Tin ingot 725, zinc ingot (Hindustan) 76, nickel plate (4x4) 695-855, gun metal scrap 225 bell metal scrap 230, copper wire scrap 225, copper super D rod 247, copper wire bar 252, copper mixed scrap 198, Utensil scrap 220, Chadripital 165. Lead ingo t (Hindustan Zinc) 75, lead imported 81, aluminium ingots 105, sheet cutting 100, aluminium wire scrap 100 and aluminium utensils scrap 90.
