PTI: Moderate fall in metal prices on lower LME advices
Metal prices declined moderately on the non-ferrous metal market here today due to lack of demand from industrial users coupled with lower advices from London Metal Exchange (LME).
Nickel dropped by Rs 7 per kilo to Rs 720 from last Saturday&aposs closing level of Rs 727.
Copper utensils scrap and brass sheets cutting fell by Rs 3 per kilo each to Rs 254 and Rs 207 respectively.
Copper cable scrap, copper scrap heavy, copper armiture, copper wire bar, copper sheets cutting and tin moved down by Rs 2 per kilo each to Rs 274, Rs 272, Rs 269, Rs 302, Rs 267 and Rs 760 respectively.
Brass utensils scrap also ended slightly lower by a rupee per kilo to Rs 204 as against Rs 205 previously.
