Copper weakens on subdued industrial demand

PTI Updated - March 12, 2018 at 05:12 PM.

copper

Copper weakened by Rs 2 per kg on the local non-ferrous metals market on Saturday due to subdued industrial demand. Traders said subdued industrial demand mainly led to decline in copper prices. In the national capital, copper mixed scrap slipped by Rs 2 to Rs 416 per kg.

The following were today’s metal rates per kg: Zinc ingot 113-119, nickel plate (4x4) 1,057-1,060 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 416, chadri deshi 285.

Lead ingot 136, lead imported 134, aluminium ingots 142, sheet cutting 143, aluminium wire scrap 146 and aluminium utensils scrap 142.

Published on May 25, 2013 14:15