Select base metals slips on reduced demand

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Press Trust of India Mumbai
Last Updated : Aug 31 2016 | 4:42 PM IST
Tin, Nickel, zinc and select copper prices slipped at the non-ferrous metals market here today following stockist selling amidst reduced demand from industrial users.
Nickel dropped by Rs 10 per kg to Rs 765 from Tuesday's closing level of Rs 775.
Tin, brass utensils scrap, copper sheet cutting and copper armature moved down by Rs 2 per kg to Rs 1,413, Rs 274 Rs 340 and Rs 346 as against Rs 1,415, Rs 276, Rs 342 and Rs 348.
Brass sheet cutting and Zinc softened by a Re per kg each to Rs 279 and Rs 200, respectively.
However, copper cable scrap and copper wire bar inched-up by a Re per kg each to Rs 361 and Rs 389.

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First Published: Aug 31 2016 | 4:42 PM IST

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