Select base metals fall on selling

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Press Trust of India Mumbai
Last Updated : Jun 06 2014 | 4:46 PM IST
Copper, brass sheet cutting and tin prices fell at the non-ferrous metal market here today on stockist selling amid subdued demand from industrial users.
The industrial metals was trading almost flat in early trade, set for its second weekly fall as optimism over economic growth in top user China was overshadowed by a probe into metals financing at a major port in the country.
Copper scrap heavy dropped by Rs 9 per kg to Rs 477 from Thursday's closing level of Rs 486.
Copper cable scrap and copper wire bar dipped by Rs 7 per kg each to Rs 484 and Rs 512 from Rs 491 and Rs 519, respectively.
Copper utensils scrap slipped by Rs 5 per kg to Rs 440 from Rs 445.
Copper armature also looked down by Rs 3 per kg to Rs 465 from Rs 468.
Brass sheet cutting and tin moved down by Rs 2 per kg each to Rs 350 and Rs 1,598 as against Rs 352 and Rs 1,600.
Copper sheet cutting edged-down by a Re per kg to Rs 463. However, zinc inched-up by Re 1 per kg to Rs 174.
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First Published: Jun 06 2014 | 4:46 PM IST

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