• search

Metal prices rises on fresh industrial demand

Written by: Staff

Mumbai, Apr 18 (UNI) Metal prices rose on reduced stock supply along with London Metal Exchange (LME), traders at the metal exchange said today.

In ferrous section : copper heavy shot up by Rs 1,300 per quintal while copper utensils, brass utensils and brass cuttings rose by Rs 1,000 each per quintal on lack of fresh demand.

In non-ferrous section : zinc slab, copper wire bars and lead ingots hiked by Rs 400, Rs 300 and Rs 100 per quintal, respectively, on reduced stock supply.

Tin slab and nickel cathode went up by Rs five each per kg, on better buying support.

Following were the spot metal prices per quintal: Ferrous metals: Copper heavy- Rs 34,800, copper utensils- Rs 31,500, brass utensils- Rs 24,000, brass cuttings- Rs 25,000 and aluminium utensils- Rs 10,200.

Non-ferrous metals: copper wire bars- Rs 35,500, aluminium ingots- Rs 13,100, zinc slab- Rs 17,500, lead ingots- Rs 6,600, Tin slab- Rs 505 (per kg) and nickel cathode- Rs 920 (per kg).


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more