Select base metals ease on subdued demand
Select base metals, including brass, zinc, lead, and tin eased at the non-ferrous metal market here today due to stockists' selling amid subdued demand from industrial users.
Nickel recovered on fresh demand from alloy industries.
Tin slipped by Rs 5 per kg to Rs 1,480 from Wednesday's closing level of Rs 1,485 and brass sheet cuttings slid by Rs 4 per kg to Rs 356 as against Rs 360 previously.
Brass utensils scrap went down by Rs 3 per kg to Rs 341 from Rs 344 and zinc edged down by Rs 2 per kg to Rs 236 as compared to Rs 238 yesterday.
Lead softened by a rupee per kg to Rs 164.
However, nickel rebounded by Rs 5 per kg to Rs 980 as against Rs 975 previously.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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