Copper extend losses on subdued demand

Copper prices continued to trade lower at the non-ferrous metal market here today on consistent stockists selling amidst subdued demand from industrials users.
Tin prices rose due to good demand from alloy industries.
The industrial metals edged up at the LME, but was still facing its biggest weekly loss in a month due to concern over the US fiscal deadlock, although signs of a possible resolution may lend support.
Copper sheet cutting dipped by Rs 5 per kg to Rs 475 from Thursday's closing level of Rs 480.
Copper cable scrap, copper armature, copper utensils scrap and copper wire bar declined by Rs 4 per kg each to Rs 499, Rs 482, Rs 456 and Rs 527 from Rs 503, Rs 486, Rs 460 and Rs 531, respectively.

Copper scrap heavy and brass utensils scrap fell by Rs 3 per kg each to Rs 491 and Rs 339 from Rs 494 and Rs 342.
Brass sheet cutting softened by Re 1 per kg to Rs 351.
However, tin climbed by Rs 5 per kg to Rs 1,580 from Rs 1,575 and zinc inched-up by a rupee per kg to Rs 159.