New Delhi, July 28 Copper and nickel continued to show firmness on the wholesale non-ferrous metal market in the national capital today largely in line with rising trend overseas on signs of economic recovery, which may revive demand for industrial metals.
Trading sentiment in base metals remained bullish as copper hit ten-months high in global markets after positive US new home data, suggesting an early economic recovery.
Meanwhile, three-month delivery of copper, in London rose by 0.80 per cent to 5,646 dollar a metric ton, the highest since October 8, 2008.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were up by Rs 3 each at Rs 302, Rs 323 and Rs 282.
Nickel (4x4) too continued its upward march and shot up by another Rs 10 Rs 835-955 per kg respectively.
Following were today&aposs quotations in Rs per kg:.
Tin ingot 763, zinc ingot 102.00, nickel plate (4x4) 835-955, gun metal scrap 225, bell metal scrap 230, copper wire scrap 302.00, copper wire bar 323, copper mixed scrap 282.00, Utensil scrap 220, Chadripital 170.
Lead ingot 97, lead imported 101, aluminium ingots 105,sheet cutting 101, aluminium wire scrap 100 and aluminium utensils scrap 90.
