Copper, tin rise on industrial demand

Select copper and tin prices rose in an otherwise restricted non-ferrous metal market here today on buying by stockists amid good demand from industrial users.
While, nickel slipped on lower offtake from alloy industries.
In overseas markets, the industrial metal copper was stable in early trade not far from recent five-month peaks, as a weaker dollar and hopes for further economic easing by top metals user China offset concerns about faltering demand growth in the world's top two economies.
Tin climbed by Rs 5 per kg to Rs 1,255 from Wednesday's closing level of Rs 1,250.
Copper cable scrap, copper scrap heavy and copper wire bar gained Rs 3 per kg each to Rs 459, Rs 453 and Rs 479 as against Rs 456, Rs 453 and Rs 476 previously.

Copper utensils scrap edged up by Rs 2 per kg to Rs 418 from Rs 416.
However, Nickel fell by Rs 5 per kg to Rs 1,025 from overnight close of Rs 1,030.