Select base metals ease on weak demand

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Press Trust of India Mumbai
Last Updated : Jul 28 2017 | 4:48 PM IST
Select base metals declined at the non-ferrous metals market here today on stockists selling amid weak demand from industrial users.
While, brass and nickel gained marginally owing to good demand from alloy industries.
Tin slipped by Rs 10 per kg to Rs 1,385 from Thursday's close of Rs 1,395.
Copper scrap heavy and copper utensils scrap declined by Rs 3 per kg each to Rs 392 and Rs 355 as against Rs 395 and Rs 358 yesterday.
Copper cable scrap, copper armature, copper billets and copper sheet cuttings edged down by Rs 2 per kg each to Rs 400, Rs 383, Rs 428 and Rs 378 as compared to Rs 402, Rs 385, Rs 430 and Rs 376, respectively.
Aluminium ingots softened by a Re per kg to Rs 139.
However, nickel firmed up by Rs 5 per kg to Rs 680 as against Rs 675 yesterday.
Brass utensils scrap and brass sheet cuttings inched up to Rs 288 and Rs 305.

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First Published: Jul 28 2017 | 4:48 PM IST

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