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Nickel slips on sluggish demand

Press Trust of India  |  Mumbai 

Nickel, cable scrap, heavy and billets slipped marginally at the non- ferrous market here today following stockists selling amidst sluggish demand from industrial users.

While, tin and zinc moved up owing to good demand from alloy industries.

declined by Rs 5 per kg to Rs 840 from Thursday's close Rs 845.

cable scrap, heavy and billets softened by a Re per kg each to Rs 450, Rs 441 and Rs 478, respectively.

However, tin gained by Rs 5 per kg to Rs 1,355 as compared to yesterday's close Rs 1,350 and zinc inched up per kg to Rs 241.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 12 2018. 16:50 IST