Tin gains on sustained demand

Tin prices gained further at non-ferrous metal market here today due to buying by stockists amidst sustained demand from alloy industries.
Elsewhere, select copper, brass and zinc edged-up on good offtake from consumer industries.
Meanwhile, nickel, lead and copper utensil scrap declined on stockist selling coupled with subdued demand from consumer industries.
The industrial metal slipped towards three-months lows at the LME in early trade, after growth at China's factories stumbled to its weakest in nearly six years in August, fuelling concerns over its metals demand.
Tin rose by Rs 5 per kg to Rs 1,555 from last Saturday's closing level of Rs 1,550.

Zinc moved-up by Rs 2 per kg to Rs 190 from Rs 192.

Copper cable scrap, copper wire bar, copper sheet cutting and brass sheet cutting all inched-up by Re 1 per kg each to Rs 487, Rs 515, Rs 463 and Rs 351, respectively.
However, nickel fell by Rs 5 per kg to Rs 1,250 as against Rs 1,255.
Lead moved down by Rs 2 per kg to Rs 140 from Rs 142.
Copper utensils scrap inched-down by Re 1 per kg to Rs 441.