Industrial metals continued its downtrend at the LME on deepening eurozone political crisis amid Greece announcement that it would hold second round of election.

Copper sheet cutting dropped by Rs 6 per kg to Rs 452 from Tuesday's closing level of Rs 458.

Copper armiture and copper utensils scrap dipped by Rs 5 per kg each to Rs 458 and Rs 434 from overnight close of Rs 463 and Rs 439.

Lead slid by Rs 4 per kg to Rs 119 from Rs 123 and brass utensils scrap slipped by Rs 3 per kg to Rs 314 from Rs 317 previously.

Copper scrap heavy also moved down by Rs 2 per kg to Rs 471 from Rs 473.

  

More From This Section

First Published: May 16 2012 | 4:55 PM IST

Next Story