NEW DELHI: Select base metals, led by nickel, on Wednesday fell up to Rs 10 a kg in the national capital on increased selling by stockists, triggered by weak global trend. Selling pressure picked up after reports of meltdown in base metal prices on the L ondon Metal Exchange as inventories of copper and nickel rose to record level. At wholesale market here, nickel 4x4 suffered the most by losing Rs 10 to Rs 695-855 a kg.
Copper wire scrap, copper super-D-rod, copper wire bar and copper mixed scrap moved down by Rs 2 each to Rs 228, Rs 250, Rs 255 and Rs 201 a kg respectively. In line with general weakening trend, zinc ingot lost Rs 3 at Rs 75 a kg.
Following were today's quotations Rs per kg: Tin ingot 730, zinc ingot (Hindustan) 75, nickel plate (4x4) 695-855, gun metal scrap 225 bell metal scrap 230, copper wire scrap 228, copper super D rod 250, copper wire bar 255, copper mixed scrap 201, Uten sil scrap 220, Chadripital 165. Lead ingot (Hindustan Zinc) 75, lead imported 81, aluminium ingots 105, sheet cutting 100, aluminium wire scrap 100 and aluminium utensils scrap 90.
