Metals fall on global trend

Print this page Posted on : 05-30-2008 by recycleinme.com
The wholesale prices of metals fell up to Rs 10 a kg on Thursday in the local market on stockists selling, triggered by weak global markets. Traders said reports of weakness at London Metal Exchange (LME) after base metals' inventories rose significantly, pressured prices on the domestic markets. Zinc ingot prices fell by Rs 3 at Rs 113 per kg. Nickel plate 4x4 continued to remain weak and lost another Rs 10 at Rs 1,210-1,300 per kg.
Source : Business Line

Latest Scrap and Metal news
Spot rubber prices up with global market
Currency weighs on copper
Malaysia tin closes higher
Mixed trend in spot rubber
Copper hits 14-month high as equities climb
Nalco sells ingots at premium
Malaysia tin market closes higher

More Scrap and Metal news