Copper and lead prices declined by up to Rs 2 per kg in the local metal market today on sluggish demand from consuming industries amid weakening global trend.
Traders said subdued demand from consuming industries and reports of a weakening global trend mainly led to the decline in copper and lead prices.
In the national capital, copper wire scrap, copper wire bar, copper mixed scrap were down by Rs 2 each to Rs 511, Rs 534 and Rs 494 per kg, respectively.
Lead ingot and lead imported were also enquired lower by rupee one each to Rs 140 and Rs 143 per kg, respectively.
Following were today's quotations in Rs per kg:
Tin ingot 840, zinc ingot 129.50, nickel plate (4x4)
1,060-1,062, gun metal scrap 226 bell metal scrap 228, copper wire scrap 511, copper wire bar 534, copper mixed scrap 494,
