Select metal prices up on good industrial demand

Mumbai, Nov 3 (UNI) Select metal prices went up on good industrial demand as London Metal Exchange remained steady, traders at the Bombay Metal Exchange today said.

In ferrous section, copper heavy and aluminium utensils rose by Rs 200 amd Rs 100 per quintal, respectivley, on lesser stock supply.

In non-ferrous section, copper wire bars and aluminium ingots hiked by Rs 200 and Rs 100 per quintal, respectively, on increase of fresh demand.

Nickel cathode went up by Rs 20 per kg on better buying support.

Following were the spot metal prices per quintal: Ferrous metals: Copper heavy - Rs 36,000, copper utensils - Rs 32,500, brass utensils - Rs 22,800, brass cuttings - Rs 26,000 and aluminium utensils - Rs 11,600.

Non-ferrous metals: Copper wire bars - Rs 40,300, aluminium ingots - Rs 13,800, zinc slab - Rs 22,800, lead ingots - Rs 7,800, tin slab - Rs 575 (per kg) and nickel cathode - Rs 1,920 (per kg).

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