• search

Aluminium ingots, zinc slabs eased on larger stocks arrival

Written by: Staff

Mumbai, June 29 (UNI) Price of aluminium ingots and zinc slab in non-ferrous metal eased on thin industrial demand along with bearish advice from London Metal Exchange, traders at the Bombay Metal Exchange today said.

In ferrous section (per quintal) ; copper heavy and copper utensils and brass utensils and brass cuttings were unchanged, on lack of fresh buying support by local dealers.

However, aluminium utensils remained unchanged on scattered demand.

In non-ferrous section (per quintal), aluminium igots and zinc slab prices declined by Rs 100, each on sustained heavy offers by stockists, induced by discouraging advice from LME along with Kolkata and Delhi.

However, tin slab and nickel cathode remained steady on lack of fresh interest by local dealers.

Following were the spot metal prices per quintal: Ferrous metals: copper heavy - Rs 32,500, copper utensils - Rs 26,500, brass utensils - Rs 19,000, brass cuttings - Rs 23,000, aluminium utensils - Rs 10,000.

Non-ferrous metals: copper wire bars - Rs 36,800, aluminium ingots - Rs 12,900, zinc slab - Rs 16,700, lead ingots - Rs 6,000, tin slab - Rs 455 (per kg), nickel cathode - Rs 1,070 (per kg).


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more