NEW DELHI, Jan 23: Select base metals drifted up to Rs 5 per kg at the local non-ferrous base metals market today on stockists selling in tandem with a weak global trend.
Meanwhile, lead for delivery in three months slid 0.5 per cent to USD 2,185 a tonne on the London Metal Exchange.
Traders said stockists selling in line with a weak global trend after industrial metals retreated as manufacturing data from China, the world’s biggest consumer, fell below economists’ expectations, mainly influenced the sentiment.
In the national capital, lead ingot and lead imported were down by Rs 2 each to Rs 136 and Rs 134, while nickel (4×4) shed Rs 5 at Rs 1075-1076 per kg, respectively.
Lead ingot and lead imported were also traded higher by Rs 2 each to Rs 138 and Rs 136 per kg, respectively.
The following are today’s metal rates per kg:
Zinc ingot 117-123, nickel plate (4×4) 1,075-1,076 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 437,chadri deshi 285.
Lead ingot 136,lead imported 134, aluminium ingots 150, Aluminium sheet cutting 151, aluminium wire scrap 153 and aluminium utensils scrap 150. (PTI)
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