Nickel, tin and brass ease on subdued demand

Image
Press Trust of India Mumbai
Last Updated : May 09 2018 | 5:00 PM IST

Nickel, tin and brass sheet cuttings eased at the non-ferrous metals market here today on selling by stockists amidst subdued demand from alloy industries.

While, select copper and zinc gained owing to good demand from industrial users.

Nickel prices slipped by Rs 10 per kg to Rs 975 from Tuesday's closing level of Rs 985 and tin prices moved down by Rs 5 per kg to Rs 1,485 as against Rs 1,490 previously.

Brass sheet cuttings edged down by Rs 2 per kg to Rs 358 from Rs 360 previously.

However, zinc regained by Rs 2 per kg to Rs 235 as compared to Rs 233 yesterday.

Copper utensils and copper sheet cuttings inched up each to Rs 437 and Rs 459 per kg, respectively.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: May 09 2018 | 5:00 PM IST

Next Story