New Delhi, Aug 24 (PTI) Copper and nickel prices rose by up to Rs 3 per kg in the local non-ferrous metal market today on the back of increased buying by stockists to meet rising demand.
Traders said buying by stockists, driven by a pick-up in industrial demand and reports of a firming trend on the London Metal Exchange, mainly led to the rise in copper and nickel prices.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were traded higher by Rs 2 each at Rs 527, Rs 550 and Rs 512 per kg, respectively. Nickel followed suit and moved up by Rs 3 to Rs 1,078-1,080 per kg.
The following are today''s quotations in Rs per kg:
Tin ingot 835, zinc ingot 137.50, nickel plate (4x4) 1,078-1,080, gun metal scrap 226 bell metal scrap 228, copper wire scrap Rs 527,copper wire bar 550, copper mixed scrap 512, utensil scrap 224, chadripital 175.
Lead ingot 146, lead imported 151, aluminium ingots 112, sheet cutting 113, aluminium wire scrap 112 and aluminium utensils scrap 109.
