Prices of copper and zinc ingots were down by up to Rs 2 per kg at the non-ferrous metals market today largely on weak global cues.
Traders said sentiment turned bearish after copper slid in global markets, shrugging off China's bid to boost growth with a third interest rate cut in six months in the world's largest consumer of the metal.
Meanwhile, copper for delivery in three months declined 0.4 per cent to USD 6,360.50 a tonne on the London Metal Exchange.
In the national capital, copper mixed scrap declined by Rs 2 to Rs 400 per kg. Zinc ingot also eased by Re 1 at Rs 109-115 per kg.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 109-115, Nickel plate (4x4) Rs 1,056-1,061, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 400, Chadri deshi Rs 285.
Lead ingot Rs 100, Lead imported Rs 101, Aluminum ingots Rs 154, Aluminum sheet cutting Rs 155, Aluminum wire scrap Rs 157 and Aluminum utensils scrap Rs 154.
