Procurement News Notice |
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PNN | 3952 |
Work Detail | Select base metal prices traded higher by Rs 2 per kg at the non-ferrous metal market today due to pick up in demand from consuming industries. Traders said uptick in demand consuming industries at domestic spot market, mainly led to rise in select base metal prices. In the national capital, copper mixed scrap and nickel plate (4x4) rose by Rs 2 each to Rs 368 and Rs 837-842 per kg respectively. Lead ingots and lead imported also traded higher by a similar margin to Rs 95 and Rs 101 per kg respectively. Following are today's metal rates (in Rs per kg): Zinc ingot Rs 108-114, Nickel plate (4x4) Rs 837-842, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 368, chadri deshi Rs 295. Lead ingot Rs 95, lead imported Rs 101, aluminium ingots Rs 156, aluminium sheet cutting Rs 152, aluminium wire scrap Rs 152 and aluminium utensils scrap Rs 150. |
Country | India , Southern Asia |
Industry | Metals & Minerals |
Entry Date | 03 Sep 2016 |
Source | http://www.business-standard.com/article/pti-stories/select-base-metals-rise-on-upsurge-in-demand-116082600524_1.html |