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Select base metals drop on subdued demand

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Press Trust of India Mumbai
Select base metals dropped at the non-ferrous metal market here today on stockists selling amid subdued demand from industrial users.

Meanwhile, zinc recovered due to fresh demand from alloy industries.

Tin prices dipped by Rs 5 per kg to Rs 1,460 from Monday's close Rs 1,465 and brass sheet cuttings edged down by Rs 2 per kg to Rs 316 as against Rs 318 yesterday.

Copper scrap heavy, copper armiture and brass utensils scrap softened by a Re per kg each to Rs 391, Rs 385 and Rs 307, respectively.

However, zinc regained by Rs 2 per kg to Rs 220 as compared to Rs 218 yesterday.

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First Published: May 30 2017 | 4:22 PM IST

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