Meanwhile, select copper and tin moved up on better offtake from consumer industries.
The industrial metal were trading lower at the LME on cautiousness over political turmoil in Greece amidst eurozone debt crisis and demand outlook for metals.
Nickel dropped by Rs 8 per kg to Rs 1,092 from Tuesday's closing level of Rs 1,100.
Lead and zinc both eased by Rs 2 per kg to Rs 123 and Rs 133 from Rs 125 and Rs 135 previously.
Copper cable scrap, copper utensils scrap, copper wire bar and copper sheet cutting all softened by a rupee per kilo each Rs 484, Rs 444, Rs 512 and Rs 465.
However, tin gained by Rs 2 per kg to Rs 1,347 from Rs 1,345 yesterday and copper scrap heavy and copper armiture both looked up by a rupee per kg to Rs 476 and Rs 468, respectively.