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Copper, lead slide on muted demand

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Press Trust of India New Delhi
Prices of copper and lead declined by Rs 2 per kg at the non-ferrous metal market today owing to slackened demand from consuming industries at domestic spot market.

Traders said sluggish demand from consuming industries at domestic spot market mainly led to decline in copper and lead prices.

In the national capital, copper mixed scrap, lead ingot and lead imported were down by Rs 2 each to Rs 358, Rs 91 and Rs 97 per kg respectively.

Following are today's metal rates (in Rs per kg):

Zinc ingot Rs 102-108, Nickel plate (4x4) Rs 810-815, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 358, chadri deshi Rs 295.
 

Lead ingot Rs 91, lead imported Rs 97, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

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First Published: Mar 06 2017 | 2:32 PM IST

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