Tin prices rebound on renewed demand

Tin prices rebounded in an otherwise lacklustre non-ferrous metal market here today on stockist buying amid good demand from alloy industries.
However, select copper and zinc edged down owing to reduced offtake from industrial users.
Globally, copper rose moderately at the LME in early trade as short-holders booked profits to cut risk, with the clock ticking on efforts to reach a deal on Greece's debt.
Tin climbed by Rs 5 per kg to Rs 1,185 from Wednesday's closing level of Rs 1,180 and copper sheet cutting and brass sheet cutting inched up by a Re per kg each to Rs 417 and Rs 319.

However, copper cable scrap, copper scrap heavy, copper wire bar and zinc softened by a Re per kg each to Rs 438, Rs 432, Rs 458 and Rs 175 respectively.