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Iron & Steel | Metal | Mineral | Non-Metallic Mineral Products

Poor demand for the base metals influenced the trading sentiments

http://www.tradingmarkets.com/.site/news/Stock%20N [2008-7-22]

Tag : antimony ingots

Metal traders said slowdown in demand from China and climbing LMEmonitored warehouse inventories in most of base metals mainlyweighed on the prices.
"Concerns about the poor demand for the base metals and risinginventories mainly influenced the trading sentiments here", said ametal trader.
Nickel plate 4x4 also remained weak and prices fell by another Rs10 to Rs 1155-1245 per kg.
Copper super d-rod lost Rs 30 to Rs 356 per kg while copper wirebar fell by Rs 25 to RS 350 per kg.
Following were today's quotations per kg (in Rs): Tin ingot 1,100,zinc ingot (Hindustan) 107, zinc dross 92.00, nickel plate (4x4)1145-1245, cadmium plate 500, Rod 480, antimony (china) 290-320,gun metal scrap 262, bell metal scrap 245, copper wire scrap 365,copper super d rod 356, copper wire bar 350, copper mixed scrap335, C C rod 359, Utensil scrap 306, Chadripital 245, brass sheetcutting 350, bullet scrap 245, bharat scrap 230, accessories scrap243, brass boring 222-235, brass radiator scrap 195 and huny scrap227.
Lead ingot (hindustan zinc) 107, Lead imported 135, Aluminiumingots 110, sheet cutting 110, aluminium wire scrap 113 andAluminium utensils scrap 115. Morning Coffee with TradingMarkets -- Free Newsletter



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