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Copper slides on global cues

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Press Trust of India New Delhi
Last Updated : Aug 21 2015 | 3:22 PM IST
Copper declined by Rs 2 per kg at the non-ferrous metal market today tracking a weak global trend.
Traders said sentiments in copper weakened after it declined in global market as a Chinese manufacturing gauge fell to the lowest in more than six years, underscoring the threat to metals demand in the world's biggest consumer.
Meanwhile, copper fell 1.8 per cent to trade at USD 5,028 a metric tonne on the London Metal Exchange.
In the national capital, copper mixed scrap eased by Rs 2 to Rs 370 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 100-106, Nickel plate (4x4) Rs 923-928, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 370, Chadri deshi Rs 285.
Lead ingot Rs 96, Lead imported Rs 97, Aluminium ingots Rs 152, Aluminium sheet cutting Rs 153, Aluminium wire scrap Rs 155 and Aluminium utensils scrap Rs 152.

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First Published: Aug 21 2015 | 3:22 PM IST

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