The Hindu Business Line : Zinc down at wholesale market

NEW DELHI: The wholesale prices of zinc fell on Wednesday by Rs 6 a kg here after the Government removed import duty on the metal. Zinc prices fell by Rs 6 at Rs 112 a kg while zinc dros lost Rs 3 at Rs 100 a kg.

"Apart from withdrawal of import duty, weak global cues also dampened the trading sentiments here," a base metal merchant said.

Nickel plate (4x4) prices also fell by Rs 5 at Rs 1,370-1,460 per kg in line with weakening trends at the London Metal Exchange, where its prices fell $630 at $28,650 a tonne.

Lead ingot (Hindustan zinc) and lead imported both lost Rs 3 each at Rs 137 and Rs 157 a kg respectively.

Following are today's quotations per kg (in Rs):

Tin ingot 1050, zinc ingot (Hindustan) 112, zinc dross 100.00, nickel plate (4x4) 1370-1460, cadmium plate 475, Rod 420, antimony (china) 275, gunmetal scrap 240 and bell metal scrap 245.

Copper wire scrap 348, copper super d rod 360, copper wire bar 355, copper mixed scrap 322, CC rod 352, Utensil scrap 307, Mixed scrap 302, Chadripital 234, brass sheet cutting 230, bullet scrap 245, bharat scrap 240, accessories scrap 243, brass boring 222-235, brass radiator scrap 218 and huny scrap 227.

Lead ingot (Hindustan zinc) 137, Lead imported 157, aluminium ingots 117, sheet cutting 112, aluminium wire scrap 107 and aluminum utensils scrap 102. - PTI

Prev: Gram rises
Next: Sugar millgate moves down further on ample supply

Business Line | NUS Index |