Select base metals drop on reduced industrial demand

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Press Trust of India Mumbai
Last Updated : Dec 30 2016 | 4:48 PM IST
Most of the base metals including tin, nickel, copper, zinc, lead and select brass dropped at the non-ferrous metal market here today following stockists selling amid reduced demand from industrial users.
Tin fell by Rs 20 per kg to Rs 1,570 from Thursday's closing level of Rs 1,590.
Brass sheet cutting dropped by Rs 10 per kg to Rs 290 from Rs 300.
Nickel dipped by Rs 5 per kg to Rs 820 from Rs 825.
Copper utensil scrap, copper sheet cutting and zinc declined by Rs 4 per kg each to Rs 335, Rs 353 and Rs 216 as against Rs 339, Rs 357 and Rs 220.
Copper cable scrap, copper scrap heavy, copper armature, copper wire bar and copper sheet cutting eased by Rs 3 per kg each to Rs 379, Rs 369, Rs 357, Rs 407 and Rs 353 from Rs 382, Rs 373, Rs 360, Rs 410 and Rs 357, respectively.
Lead edged-down by a Re per kg to Rs 135.

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First Published: Dec 30 2016 | 4:48 PM IST

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