Base metals declined on subdued demand

Led by tin and nickel most of the base metals prices declined at the non-ferrous metal market here today due to hectic stockist selling amid subdued demand from industrial users.
The industrial metals rose around half a percent at the LME in early trade to recoup some of last session's losses,but trading was subdued ahead of Chinese data that could show the extent of slowdown in the world's top consumer of industrial metals.
Tin dropped by Rs 10 per kg to Rs 1,580 from Tuesday's closing level of Rs 1,590.
Nickel and aluminium ingots dipped by Rs 5 per kg each to Rs 1,140 and Rs 150 from Rs 1,145 and Rs 155

Copper cable scrap, copper scrap heavy, copper wire bar and copper sheet cutting fell by Rs 3 per kg each to Rs 489, Rs 485, Rs 517 and Rs 474 from Rs 492, Rs 488, Rs 520 and Rs 477, respectively.
Copper armiture and aluminium utensils scrap moved down by Rs 2 per kg each to Rs 479 and Rs 129 from Rs 481 and Rs 131 and brass utensils scrap eased by a Re per kg to Rs 350.