NEW DELHI, July 6: Prices of copper and nickel remained weak and shed another Rs 2 per kg on the local non- ferrous metal market today due to reduced industrial offtake.
Traders said sluggish industrial demand and reports of a weak global trend mainly kept pressure on copper and nickel.
In the national capital, copper mixed scrap and nickel (4×4) remained under selling pressure and shed another Rs 2 each to Rs 420 and Rs 1,035-1,038 per kg, respectively.
The following are today’s metal rates per kg:
Zinc ingot 109-115, nickel plate (4×4) 1,035-1,038 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 420, chadri deshi 285.
Lead ingot 145, lead imported 141, aluminium ingots 142, sheet cutting 143, aluminium wire scrap 146 and aluminium utensils scrap 142. (PTI)
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