Nickel, tin weaken on reduced demand

Prices of Nickel and tin declined further at the non-ferrous market here today on stockists selling amid reduced demand from alloy industries.
Elsewhere, copper and brass prices slipped owing to subdued offtake from industrial users.
Nickel and tin fell by Rs 5 per kg to Rs 695 and Rs 1,305 from Thursday's closing level of Rs 700 and Rs 1,310.
Copper utensils scrap dropped by Rs 4 per kg to Rs 343 from Rs 347.
Copper cable scrap, copper scrap heavy, copper armiture and copper wire eased by Rs 3 per kg to Rs 375, Rs 370, Rs 365 and Rs 403 from Rs 378, Rs 373, Rs 368 and Rs 406, respectively.

Brass utensils scrap moved down by Rs 2 per kg to Rs 271 as against Rs 273.
Copper sheet cutting and brass sheet cutting edged- down by a Re per kg each to Rs 362 and Rs 271.