Tin prices decline further

Print this page Posted on : 08-28-2008 by recycleinme.com

Nickel prices continued to fall on the non-ferrous metal market on Wednesday due to lack of industrial demand coupled with lower advices from the London Metal Exchange. Tin prices also moved down in the absence of demand from industrial users. Copper sheets cutting edged up on mild industrial support. Nickel prices dropped by Rs 20 a kg to Rs 1,055 from Rs 1,075 and tin by Rs 10 a kg to Rs 1,140 from Rs 1,150. Copper sheets cutting inched up by Re 1 a kg to Rs 362 from Rs 361.

Source : Business Line