Select base metals fall on lower industrial demand

Tin, zinc, select copper and lead prices fell further at the non-ferrous metal market here today on sustained stockists selling amidst lower demand from industrial users.
While, brass prices recovered smartly due renewed stockists buying amidst good demand from consumer industries.
On the global front, London copper rose more than 1 per cent in early trade after dropping to a one-month low in the previous session, as the dollar sagged on indications of a later start to US interest rate hikes.
Copper armiture and tin declined by Rs 5 per kg each to Rs 418 and Rs 1,355 from Wednesday's closing level of Rs 423 and Rs 1,360.

Copper sheet cutting dipped by Rs 4 per kg to Rs 417 from Rs 421.
Copper cable scrap and copper wire bar declined by Rs 3 per kg each to Rs 431 and Rs 451 from Rs 434 and Rs 451, respectively.
Zinc moved down by Rs 2 per kg to Rs 166 from Rs 168 and lead softened by a Re per kg to Rs 132.
However, brass utensils scrap and brass sheet cutting climbed by Rs 5 per kg each to Rs 317 and Rs 327 from Rs 312 and Rs 322, respectively.