PTI reported that Indian copper prices recovered by INR 2 per kilogram in the local nonferrous metal market on scattered buying by consuming industries.
Traders said that scattered inquiries from consuming industries mainly helped copper prices to trade higher. In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were up by INR 2 each to INR 523, INR 546 and INR 507 per kilogram respectively.
Following were quotations in INR per kilogram:
Tin ingot 845, zinc ingot 134.50, nickel plate 1,062 to 1,064, gun metal scrap 226, bell metal scrap 228, copper wire scrap 523, copper wire bar 546, copper mixed scrap 507, Utensil scrap 224, Chadripital 175.
Lead ingot 141, lead imported 143, aluminum ingots 102, sheet cutting 105, aluminum wire scrap 102 and aluminum utensils scrap 102.
(Sourced from Press Trust of India)