Tin firms up in sluggish trade

Tin prices firmed-up in an otherwise sluggish non-ferrous metal market here today on sustained demand from quoting and alloy industries.
While, copper, brass and nickle fell due to stockists selling amid lower demand from consumer industries.
On the global front, the industrial metal copper traded in a choppy range in early trade as expectations for rising supply undermined prices ahead of a flash reading on China's factory health.
Tin rose to Rs 5 per kg to Rs 1,240 from Wednesday's closing level of Rs 1235 and zinc inched up by a Re per kg to Rs 182.
While, nickel slipped by Rs 10 per kg to Rs 960 from overnight closing level of Rs 970, brass utensils scrap fell by Rs 5 per kg to Rs 310 as against to Rs 315 and brass scrap cuttings moved down by Rs 3 per kg to Rs 320 from Rs 323 previously.

Copper cable scrap, copper wire bar and copper scrap cuttings edged down by Rs 2 per kg each to Rs 439, Rs 459 and Rs 420 respectively.
Copper scrap heavy and copper armiture softened by a Re per kg to Rs 434 and Rs 425.