Nickel, tin decline on subdued demand

PTI Feeds
Nickel, tin decline on subdued demand

Mumbai, May 3 (PTI) Nickel and tin prices declined at the non-ferrous metals market here today on stockists selling amid subdued demand from alloy industries.

Elsewhere, select copper also eased due to poor offtake from industrial users.

Nickel prices fell by Rs 15 per kg to Rs 690 from Tuesday’s close of Rs 705 and tin slid by Rs 5 per kg to Rs 1,460 as against Rs 1,465 yesterday.

Copper scrap heavy and copper armature edged down by Rs 2 per kg each to Rs 394 and Rs 388 as compared to Rs 396 and Rs 390.

Copper utensils scrap softened by a Re per kg to Rs 365.

This is published unedited from the PTI feed.