Select base metals slip on lower demand, global cues

Tin, copper sheet cutting, lead and select brass and aluminium prices slipped at the non-ferrous metal market here today on stockists selling amidst lower demand from industrial users.
Meanwhile, copper utensils scrap, brass sheet cutting and zinc prices recovered owing to fresh offtake from consumer industries.
Globally, the industrial metals were treading water near a three-week high at the LME in early trade, underpinned by dwindling global exchange stocks.
Lead fell by Rs 3 per kg to Rs 140 from Monday's closing level of Rs 143.
Copper sheet cutting and tin moved down by Rs 2 per kg each to Rs 473 and Rs 1,598 from Rs 475 and Rs 1,600.

Brass utensil scrap and aluminium utensils scrap softened by Re 1 per kg each to Rs 338 and Rs 129.

However, copper utensils scrap climbed by Rs 3 per kg to Rs 458 from Rs 455.
Brass sheet cutting moved up by Rs 2 per kg to Rs 355 from Rs 353.
Copper scrap heavy and Zinc edged-up by Re 1 per kg each to Rs 489 and Rs 181, respectively.