Nickel declines on global cues
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Prices of nickel, aluminium and zinc moved down moderately on the non-ferrous metal market on Tuesday due to lack of industrial demand coupled with lower advices from London Metal Exchange (LME). Nickel; declined by Rs.10 per kg to Rs.1,900 from Rs.1,910 previously, followed by lead by Rs.2 per kg to Rs.98, copper wire bar by Rs.2 per kg to Rs.385, copper utensils scrap by Re.1 to Rs./314 per kg, aluminium ingots by Re.1 to Rs.136 per kg. Tin looked up by Re.1 to Rs.711 per kg and brass sheets cutting by Re.1 to Rs.271 per kg.
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Source : Business Line |
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