Aluminium prices fell by another Rs 2 per kg at the non-ferrous metal market today largely in tandem with a weak trend overseas.
Traders said sentiment in aluminium remained bearish in line with a weak global trend where it fell 1.4 per cent, retreating for a fifth straight session, as the softening of the US sanctions on Russia's United Company Rusal continued to weigh on prices.
Globally, aluminium for delivery in three-month was down by 1.4 per cent to USD 2,196.50 a tonne, having closed down 3 per cent yesterday on the London Metal Exchange.
In the national capital, aluminium ingots, sheet cutting, wire scrap and utensils scrap drifted down by Rs 2 each to Rs 162, Rs 158, Rs 158 and Rs 156 per kg respctively.
Following are today's metal rates (in Rs per kg):
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app