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Select base metals remain weak on low demand

NEW DELHI, Feb 4:  Select base metal prices fell further by Rs 2 per kg at the non-ferrous metal market today following tepid demand from consuming industries at domestic spot market coupled with a weak trend overseas.
Traders said besides sluggish demand from consuming industries at domestic spot market, a weak trend overseas mainly kept select base metal prices lower.
In the national capital, copper mixed scrap and nickel plate (4×4) fell by Rs 2 each to Rs 355 and Rs 809-814 per kg, respectively.
Following are today’s metal rates (in Rs per kg):
Zinc ingot Rs 100-106, Nickel plate (4×4) Rs 809-814, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 355, chadri deshi Rs 295.
Lead ingot Rs 87, lead imported Rs 93, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148. (PTI)


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