Nickel, Tin slip on subdued industrial demand

Nickel, tin and brass sheet cutting prices slipped in an otherwise lacklustre non-ferrous metal market here today on stockists' selling amid subdued demand from alloy industries.

While, copper cable scrap and copper wire bar gained further due to good offtake from consumer industries.

Nickel and tin fell Rs 10 per kg to Rs 680 and Rs 1,450 from Tuesday's closing level of Rs 690 and Rs 1,460.

Brass sheet cutting moved down by Rs 2 per kg to Rs 318 as against Rs 320.

However, Copper cables scrap and copper wire bar edged up by a Re per kg each to Rs 397 and Rs 425, respectively.