NEW DELHI, Oct 20: Base metals remained weak and prices fell by Rs 2 per kg in the local non-ferrous metal market today on subdued demand from consuming industries amid a weak global trend.
Traders said subdued industrial demand amid a weakening global trend mainly kept pressure on base metals.
In the national capital, copper mixed, zinc ingot remained weak and shed Rs 2 each to Rs 106-110 and Rs 395, while nickel (4×4) traded lower by the same margin to Rs 1,023-1,026 per kg, respectively.
Lead ingot and lead imported were also weakened by Rs 2 each to Rs 130 and Rs 128 per kg, respectively.
The following are metal rates per kg:
Zinc ingot 106-110, nickel plate (4×4) 1,023-1,026, gun metal scrap 227, bell metal scrap 229, copper mixed scrap 395, chadri deshi 285.
Lead ingot 130, lead imported 128, aluminium ingots 133, sheet cutting 134, aluminium wire scrap 140 and aluminium utensils scrap 133. (PTI)
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