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Tin falls on subdued demand

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Press Trust of India Mumbai

Elsewhere, nickel, lead, zinc, select copper, brass and aluiminium also eased due to lower offtake from industrial users.

The Industrial metal were trading steady on traders cautiousness over looming US fiscal crisis talks and crucial jobs report.

Tin dropped by Rs 7 per kg to Rs 1,368 from Thursday's closing level of Rs 1,375.

Copper armature and nickel moved down by Rs 2 per kg each to Rs 469 and 1,085 from Rs 471 and Rs 1,087.

Copper cable scrap, copper scrap heavy, copper utensils scrap, copper sheet cutting, brass sheet cutting, aluminium utensils scrap, zinc and lead softened by Re 1 per kg each to Rs 490, Rs 480, Rs 447, Rs 463, Rs 332, Rs 117, Rs 140 and Rs 124, respectively.

 

However, copper wire bar inched up by Re 1 per kg to Rs 520.

  

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First Published: Dec 07 2012 | 4:55 PM IST

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