Business Standard

Nickel, tin and brass ease on subdued demand

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Press Trust of India Mumbai

Nickel, tin and brass sheet cuttings eased at the non-ferrous metals market here today on selling by stockists amidst subdued demand from alloy industries.

While, select copper and zinc gained owing to good demand from industrial users.

Nickel prices slipped by Rs 10 per kg to Rs 975 from Tuesday's closing level of Rs 985 and tin prices moved down by Rs 5 per kg to Rs 1,485 as against Rs 1,490 previously.

Brass sheet cuttings edged down by Rs 2 per kg to Rs 358 from Rs 360 previously.

However, zinc regained by Rs 2 per kg to Rs 235 as compared to Rs 233 yesterday.

 

Copper utensils and copper sheet cuttings inched up each to Rs 437 and Rs 459 per kg, respectively.

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First Published: May 09 2018 | 5:00 PM IST

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