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Base metals slip on reduced demand

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Press Trust of India Mumbai
Last Updated : Jan 17 2017 | 4:32 PM IST
Most of the base metals including tin, copper, brass and lead prices slipped at the non-ferrous metal market here today on stockists selling amid reduced demand from industrial users.
Copper scrap heavy fell by Rs 12 per kg to Rs 378 as against Rs 390 yesterday.
Tin dropped by Rs 10 per kg to Rs 1,570 from Monday's closing level of Rs 1,580.
Copper cables scrap and copper wire bar dipped by Rs 7 per kg each to Rs 393 and Rs 421 from Rs 400 and Rs 428.
Copper armature, copper sheet cutting and brass sheet cutting drifted by Rs 5 per kg each to Rs 360, Rs 355 and Rs 300 compared to Rs 365, Rs 360 and Rs 305 previously.
Copper utensils moved down by Rs 4 per kg to Rs 336 from Rs 340.
Brass utensils scrap eased by Rs 3 per kg to Rs 287 from Rs 290.
Lead softened by a Re per kg to Rs 143.

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First Published: Jan 17 2017 | 4:32 PM IST

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