Tin firm-up on rising demand

Tin and zinc prices firmed-up further in an otherwise listless non-ferrous metal market here today due to higher stockists buying amid rising demand from alloy industries.
While, select copper and brass recovered slightly following mild offtake from consumer industries.
Overseas, the base metal were mostly mixed in early LME trade due to absence of China for its New Year holidays was clearly felt and thin liquidity has resulted in some choppy price moves across the spectrum.
Tin surged by Rs 12 per kg to Rs 1,237 from Tuesday's closing level of Rs 1,225 and zinc rose by Rs 5 per kg to Rs 170 from Rs 165.

Brass sheet cutting edged up by Rs 2 per kg to Rs 281 as against Rs 279 previously.
Brass utensils scrap, copper armature and aluminium ingots inched up by a Re per kg each to Rs 278, Rs 367 and Rs 134, respectively.