NEW DELHI: Tracking a weakening trend overseas, select base metals prices fell by up to Rs 5 per kg in the local non-ferrous metal market today.
Traders said apart from a weakening global trend, reduced offtake by industrial units led to a fall in select base metals prices.
Meanwhile, copper lost 0.5 per cent to $8,527 a tonne on the London Metal Exchange.
In the national capital, copper mixed scrap and zinc ingot declined by Rs 2 each to Rs 372 and Rs 113-119 per kg, respectively.
Nickel (4x4) followed suit and shed Rs 5 to Rs 1,050-1,052 and lead ingot and lead imported were down by a rupee each to Rs 130 and Rs 128 per kg, respectively.
The following are metal rates per kg: Zinc ingot 113-119, nickel plate (4x4) 1,050-1,052, gun metal scrap 226, bell metal scrap 228, copper mixed scrap 372, chadri deshi 285.
Lead ingot 130, lead imported 128, aluminium ingots 125, sheet cutting 127, aluminium wire scrap 131 and aluminium utensils scrap 126.
