Nickel declines on lack of demand

Print this page Posted on : 02-28-2009 by recycleinme.com

Prices of tin, nickel and lead declined in a mixed non-ferrous metal market on Friday on lack of demand from industrial users while copper and brass edged up on mild industrial demand. Tin and nickel fell by Rs 5 a kg each to Rs 700 and Rs 650 respectively. Lead also moved down by Rs 2 a kg to Rs 85. Copper scrap heavy, copper armature, copper utensils scrap and brass sheets cutting ended slightly higher by Re 1 a kg each to Rs 217, Rs 215, Rs 205 and Rs 174 respectively.

Source : Business Line