Nickel, tin extend gain on consistent demand

Nickel and tin prices extended their gains at the non-ferrous metals market here today on stockists buying amid consistent demand from alloy industries.
While, copper and brass prices slipped owing to reduced offtake from industrial users.
Tin and Nickel prices climbed by Rs 5 per kg each to Rs 1,300 and Rs 700 from Monday's closing level of Rs 1,295 and Rs 695.
However, Copper cable scrap and copper wire bar fell Rs 5 per kg each to Rs 372 and Rs 400 as against Rs 377 and Rs 405.
Copper scrap heavy, copper utensils scrap and copper sheet cutting declined by Rs 4 per kg each to Rs 367, Rs 337 and Rs 355 from Rs 371, Rs 341 and Rs 359.

Copper armature, brass utensils scrap and brass sheet cutting moved down by Rs 3 per kg each to Rs 362, Rs 265 and Rs 273 compared to Rs 365, Rs 268 and Rs 276, respectively.