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Base metals declines on reduced demand

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Press Trust of India Mumbai
Select base metals prices, including nickel, tin and copper declined at the non-ferrous market here today due to stockists selling amid reduced demand from industrial users.

Nickel and tin prices fell by Rs 50 per kg each to Rs 695 and Rs 1,310 from Monday's closing level of Rs 700 and Rs 1,315, respectively..

Copper cables scrap, copper scrap heavy and Copper wire bar softened by a Re per kg each to Rs 376, Rs 371 and Rs 404.

However, copper armiture edged-up by a Re per kg to RS 366 as against Rs 365.
 

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First Published: May 10 2016 | 4:43 PM IST

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