Base metals drop on poor industrial demand

Most of the base metals, including copper, brass utensils scrap, aluminium ingots, zinc and tin prices at the non-ferrous metal market here today due to stockists selling amid lower demand from industrial users.
However, nickel and lead rebounded following fresh offtake from alloy industries.
Tin dropped by Rs 10 per kg to Rs 1,320 from last weekends closing level of Rs 1,330 and brass utensils scrap moved down by Rs 5 per kg to Rs 280 as against to Rs 285 previously.
Copper sheet cuttings edged down by Rs 2 per kg to Rs 368 as compared to Rs 370 last Saturday.

Copper cable scrap, copper scrap heavy, copper utensils, copper wire bar, aluminium ingots and zinc softened by a Re per kg each to Rs 386, Rs 381, Rd 351, Rs 414, Rs 136 and Rs 169, respectively.
Meanwhile, nickel rose by Rs 5 per kg to Rs 700 from overnight closing level of Rs 695 and lead edged up by Rs 2 per kg to Rs 137 as against to Rs 135 previously.