Base metals declined at the non-ferrous metal market here today due to heavy stockists offering coupled with subdued industrial offtake following a bearish trend in London Metal Exchange (LME).
Tin prices dropped by Rs 13 per kg to Rs 1,682 from Monday's closing level Rs 1,695 and nickel fell by Rs 10 per kg to Rs 1,400 as against Rs 1,410 previously.
Copper scrap heavy and copper armiture both slipped by Rs 5 per kg each to Rs 461 and Rs 449, respectively from Rs 466 and Rs 454 yesterday.
Copper cable scrap, copper wire bar, copper sheet cutting and brass utensils scrap all moved down by Rs 4 per kg each to Rs 471, Rs 499, Rs 442 and Rs 307 respectively.
Copper utensils scrap and brass sheet cutting edged down by Rs 2 per kg each to Rs 423 and Rs 318. Aluminium ingots and zinc softened by Re 1 to Rs 134 per kg each, respectively.
