Aluminium moves up on pick up in demand

Alminium prices rose by INR 2 per kg at the non-ferrous metals market in India on Saturday ast week due to pick up in demand from consuming industries amid a firm global trend.

Traders apart from pick up in demand from consuming industries, reports of a firm global trend mainly led to the rise in aluminium prices. In the national capital, aluminium ingots, sheet cutting, wire scrap and utensils scrap were up by INR 2 each to INR 142, INR 138, INR 138 and INR 136 per kg respectively.

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