The Hindu Business Line : Base metals remain down

NEW DELHI: Weak conditions continued to prevail in the wholesale non-ferrous metal market on Saturday with select metal prices declining further on stockists selling.

Traders said increased selling by stockists in line with weak global markets mainly led to a fall in base metal prices here.

They said sluggish demand from consuming industries too dampened the trading sentiments.

Tin ingot and solder remained weak and lost another Rs 2 each at Rs 493 and Rs 153 per kilo respectively.

Nickel plate 4x4, 9x9 and 4x24 were also enquired Rs 20 each lower at Rs 1640-1655, Rs 1640 and Rs 1645-1650 per kilo respectively.

Following were today's quotations per kilo:

Tin ingot 493, solder (40 per cent) 153, Nickel plate (4x4) 1640-1655, Nickel (9x9) 1640 Nickel (4x24) 1645-1650, zinc slab 187.00, dross 113, cadmium plate 176, Rod 151-156, antimony (china) 260, gun metal scrap 155, Bell metal scrap 148, copper wire sc rap 343, copper super d rod 368, copper wire bar 373, copper mixed scrap 320, C.C rod 373, Utensil scrap 95, Mixed scrap 324, Chadripital 145, brass sheet cutting 105.50, bullet scrap 96, bharat scrap 206, accessories scrap 207, brass boring 77-78, brass radiator scrap 81 and huny scrap 97.50.

Lead ingot deshi soft 56, hard 61.00, Lead imported 65-74, ingot 104, Aluminium rod 139, sheet cutting 125, aluminium wire scrap 127 and Aluminium utensils scrap 117. - PTI

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