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MSN:Copper, lead rise on fresh buying support, global cues
 
New Delhi, Aug 19 (PTI) Prices of copper and lead rose by up to Rs 2 per kg in the local non-ferrous metal market today on fresh buying by stockists, driven by a firming trend on the London Metal Exchange (LME).
Buying activity picked up after copper climbed in London as buyers in China, the largest consumer, took advantage of recent price declines to rebuild stockpiles amid expectations of a global supply deficit.
Meanwhile, copper for three-month rose 0.6 per cent to USD 8,820 per tonne on the LME.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were up by Rs 2 each to Rs 521, Rs 544 and Rs 506, respectively, while lead ingots and imported lead were trading higher by Re 1 each at Rs 145 and Rs 150 per kg, respectively.
The following are today''s quotations in Rs per kg:
Tin ingot 835, zinc ingot 136.50, nickel plate (4x4) 1,070-1,072, gun metal scrap 226 bell metal scrap 228, copper wire scrap Rs 521, copper wire bar 544, copper mixed scrap 506, utensil scrap 224, chadripital 175.

Lead ingot 145, lead imported 150, aluminium ingots 112, sheet cutting 113, aluminium wire scrap 112 and aluminium utensils scrap 109.

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