Copper, tin rise on global cues

Copper and tin prices rose at the non-ferrous metal market here today on sustained demand from stockists and industrial users in the back-drop of bullish London Metal Exchange (LME) advices.
Nickel dropped on stockist selling following lower offtake from alloy industries.
The industrial metals trading higher at LME, after manufacturing in the United States unexpectedly fell in January, dragging down the U.S. Dollar and sending short- position holders rushing for cover.
Tin hardened by Rs 5 per kg to Rs 1,570 from last Saturday's closing level of Rs 1,565.
Copper cable scrap and copper wire bar gained by Rs 3 per kg to Rs 517 and Rs 545 from Rs 514 and Rs 542.

Copper scrap heavy, copper armature, copper utensils scrap and copper sheet cutting all moved up by Rs 2 per kg to Rs 510, Rs 501, Rs 478 and Rs 496 as against Rs 508, Rs 499, Rs 476 and Rs 494 previously.
Aluminium ingots inched up by Re 1 per kg to Rs 148.
However, nickel fell by Rs 5 per kg to Rs 1,000 from last weekend's level of Rs 1,005 and brass sheet cutting softened by Re 1 to Rs 368.