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Copper weakens on reduced industrial offtake

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Press Trust of India New Delhi
Copper weakened by Rs 2 per kg on the local non-ferrous base metals market today due to reduced industrial offtake.

Traders said reduced industrial offtake mainly weighed on copper prices.

In the national capital, copper mixed scrap declined by Rs 2 to Rs 430 per kg.

The following are today's metal rates per kg:

Zinc ingot 111-117, nickel plate (4x4) 1,075-1,076 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 430,chadri deshi 285.

Lead ingot 138,lead imported 136, aluminium ingots 150, Aluminium sheet cutting 151, aluminium wire scrap 153 and aluminium utensils scrap 150.

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First Published: Dec 28 2013 | 1:35 PM IST

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