Copper remains up on industrial demand

NEW DELHI: Copper continued to rise for the third straight day by adding Rs 3 per kg on the local non-ferrous metals market today on increased industrial demand and firming global trend.

Traders said besides increased industrial demand, firming global trend mainly led to rise in copper prices.

In the national capital, copper mixed scrap added by Rs 3 to 400 per kg.

The following are metal rates per kg: Zinc ingot 112-118, nickel plate (4x4) 1,060-1,063, gun metal scrap 226, bell metal scrap 228, copper mixed scrap 400, chadri deshi 285.

Lead ingot 134, lead imported 132, aluminium ingots 124, sheet cutting 126, aluminium wire scrap 130 and aluminium utensils scrap 125.