Metals decline on global cues

Print this page Posted on : 03-06-2010 by recycleinme.com

Mumbai, March 5 Nickel, tin, brass, lead, copper and aluminium prices declined on the non- ferrous metal market on Friday due to stockists offerings amid weakening trend in the London Metal Exchange ( LME). Nickel dropped by Rs 10 a kg to Rs 1,060 and tin fell Rs 7 to Rs 915. Brass utensils scrap dipped by Rs 3 a kg to Rs 254. Copper cable scrap, copper utensils scrap and copper wire bar all moved down by Rs 2 a kg each to Rs 365, Rs 333 and Rs 393 respectively. Copper scrap heavy, aluminium utensils scrap and lead all eased by Re 1 a kg each to Rs 360, Rs 94 and Rs 108.

Source : Business Line