Base metals softened on global cues

Tracking a weak trend overseas, base metal prices fell up to Rs 5 per kg at the non-ferrous metals market today.
Traders said sentiment turned bearish after copper slumped to the lowest level in more than six years in global markets after muted Chinese inflation data increased concern about slowing growth in the world's biggest consumer.
Globally, copper for delivery in three months lost 1.5 per cent to USD 4,416 a metric tonne on the London Metal Exchange.
In the national capital, copper mixed scrap and nickel plate (4x4) declined by Rs 2 and Rs 5 to Rs 343 and Rs 825-830 per kg, respectively.

Zinc ingot, lead ingot and lead imported were also enquired lower by Rs 2 each to Rs 94-100, Rs 76 and Rs 82 per kg, respectively.
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 94-100, Nickel plate (4x4) Rs 825-830, Gun metal scrap Rs 227, Bell metal scrap Rs 229, Copper mixed scrap Rs 343, Chadri deshi Rs 295.
Lead ingot Rs 76, lead imported Rs 82, aluminium ingots Rs 142, aluminium sheet cutting Rs 138, aluminium wire scrap Rs 138 and aluminium utensils scrap Rs 136.