JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Zinc prices on Friday fell 0.25% to ₹220.35 per kilogram in the futures trade as speculators reduced their exposure, taking negative cues from the spot market.
On the Multi Commodity Exchange, zinc contracts for February delivery traded lower by 55 paise or 0.25% at ₹220.35 per kg in 3,615 lots.
Analysts said trimming of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices.
Also Read : Nickel begins March lower; eyes weekly gain on supply woes, better demand view Copper falls as the dollar rises due to positive US data
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