Tin drops on selling, global cues

Tin prices dropped at the non-ferrous metal market here today on stockists selling amid reduced demand from alloy industries.
Elsewhere, select brass, aluminium and copper prices declined on reduced offtake from consumer industries.
The industrial metals slipped at the LME, despite the US Federal Reserve vowing to support the economy through stimulus measures, with investors taking profits from a recent run-up in prices.
Tin shed Rs 5 per kg to Rs 1,585 from Wednesday's closing level of Rs 1,590.
Brass sheet cutting fell by Rs 3 per kg to Rs 352 from Rs 355.
Aluminium ingots moved down by Rs 2 per kg to Rs 151 from Rs 153.

Copper scrap heavy, copper armature and aluminium utensils softened by a Re per kg each to Rs 492, Rs 480 and Rs 123, respectively.