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ET: Metal prices decline on weak global cues
 
Metal prices declined on the non-ferrous metal market here today due to heavy stockists offerings coupled with lower advices from London Metal Exchange (LME).

Nickel dropped by Rs 20 per kilo to Rs 670 from yesterday's closing level of Rs 690, tin by Rs 10 per kilo to Rs 710 and copper sheets cutting by Rs 5 per kilo to Rs 209.

Copper cable scrap, copper scrap heavy, copper armiture and copper wire bar declined by Rs 4 per kilo each to Rs 217, Rs 215, Rs 213 and Rs 245 respectively.

Copper utensils scrap moved down by Rs 3 per kilo to Rs 200 and brass utensils scrap by Rs 2 per kilo to Rs 163.

Brass sheets cuttings, aluminium ingots, aluminium utensils scrap and zinc also ended slightly lower by a rupee per kilo each to Rs 167, Rs 92, Rs 80 and Rs 76 respectively.
Source