Aluminium slides on global cues, low demand

Press Trust of India  |  New Delhi 

prices slipped by Rs 2 per kg at the non-market today following a weak trend overseas coupled with easing demand at the domestic spot market.

Globally, for delivery in three-month dropped 1.2 per cent to USD 2,266.50 a metric tonne on the London Exchange.

Besides, a fall in demand from consuming industries at domestic spot market, weighed on the prices.

In the national capital, ingots, sheet cutting, wire scrap and utensils scrap were trading down by Rs 2 each to Rs 164, Rs 160, Rs 160 and Rs 158 per kg, respctively.

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

Zinc ingot Rs 128-134, nickel plate (4x4) Rs 840-845, gun scrap Rs 227, bell scrap Rs 229, copper mixed scrap Rs 429, chadri deshi Rs 295.

Lead ingot Rs 127, lead imported Rs 134, ingots Rs 164, sheet cutting Rs 160, wire scrap Rs 160 and utensils scrap Rs 158.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 24 2018. 15:20 IST