• search

Metal prices up on heavy industrial demand

Written by: Staff
|

Mumbai, Apr 19 (UNI) Metal prices today rose on heavy industrial demand along with London Metal Exchange (LME), traders at the metal exchange here said.

In ferrous section, copper heavy prices rose by Rs 500 per quintal while that of copper utensils and aluminium utensils went up by Rs 300 each per quintal, on reduced stock supply.

In non-ferrous section, the rates of copper wire bars shot up by Rs 2,000 per quintal, while that of zinc slab and aluminium ingots increased by Rs 500 and Rs 150 per quintal, respectively, on increase of fresh demand.

The prices of tin slab and nickel cathode went up by Rs five and Rs 12 per kg, respectively, on higher advice.

Following were the spot metal prices per quintal: Ferrous metals: Copper heavy- Rs 35,300, copper utensils- Rs 31,800, brass utensils- Rs 24,000, brass cuttings- Rs 25,000 and aluminium utensils- Rs 10,500.

Non-ferrous metals: copper wire bars- Rs 37,500, aluminium ingots- Rs 13,250, zinc slab- Rs 18,000, lead ingots- Rs 6,600, Tin slab- Rs 510 (per kg) and nickel cathode- Rs 932 (per kg).

UNI VD GK SKB1630

For Daily Alerts

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

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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