Copper wire bars, zinc slabs rise on firm global advices

Mumbai, Dec 22 (UNI) Prices of copper wire bars and zinc slabs in non-ferrous metal segment today rose by Rs 500 and Rs 100 per quintal resepctively on renewed demand, along with bullish advices from domestic and foreign markets like Kolkata, Delhi and London Metal Exchange (LME), traders at Bombay Metal Exchange (BME) said.

The prices of other metals remained unchanged on moderate buying by local dealers.

Following are the spot metal prices per quintal: Ferrous metals: Copper heavy - Rs 33,000, copper utensils - Rs 312,00, brass utensils - Rs 245,00, brass cuttings - Rs 25,300 and aluminium utensils - Rs 10,400 per kg.

Non-ferrous metals: Copper wire bars - Rs 36,800, aluminium ingots - Rs 12,000, zinc slab - Rs 12,600, lead ingots Rs 12,000, tin slab - Rs 790 and nickel cathode - Rs 1,360 per kg.

UNI