NEW DELHI, July 18: Copper and nickel edged lower by Rs 2 per kg at the non-ferrous metal market today due to reduced industrial offtake.
Traders said reduced demand from consuming industries and a weak global trend mainly led to decline in copper and nickel prices.
In the national capital, copper mixed scrap and nickel plate (4×4) were down by Rs 2 each to Rs 400 and Rs 963-968 per kg respectively.
Following are today’s metal rates (in Rs per kg):
Zinc ingot Rs 116-122, Nickel plate (4×4) Rs 963-968, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 400, Chadri deshi Rs 285.
Lead ingot Rs 108, Lead imported Rs 109, Aluminium ingots Rs 156, Aluminium sheet cutting Rs 157, Aluminium wire scrap Rs 159 and Aluminium utensils scrap Rs 156. (PTI)
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