Tin firms up on sustained demand

Tin prices firmed up further at the non-ferrous metal market here today on sustained stockists buying amid rising demand from alloy industries.
Elsewhere, brass prices recovered on good offtake from consumer industries.
While, select copper and nickel slipped owing to reduced demand from industrial users.
On the global front, the industrial metal copper edged up in early trade on support by a weaker dollar and expectations that China may adopt fresh measures to shore up its struggling manufacturing sector.
Tin gained by Rs 3 per kg to Rs 1,245 from Monday's closing level of Rs 1,242.
Brass sheet cutting climbed by Rs 5 per kg to Rs 325 from Rs 320.

Brass utensils scrap and copper sheet cutting moved up by Rs 2 per kg each to Rs 317 and Rs 421 from Rs 315 and Rs 419, respectively.

Copper armiture and Zinc edged-up by a Re per kg each to Rs 430 and Rs 187.
However, Copper utensils scrap and nickel fell by Rs 5 per kg each to Rs 405 and Rs 1,000 as against Rs 410 and Rs 1,005 yesterday.
Copper cable scrap, copper scrap heavy and copper wire bar softened by a Re per kg each to Rs 444, Rs 438 and Rs 464.