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Copper, tin ease on poor offtake

Press Trust of India  |  Mumbai 

and prices eased further at the non-ferrous market today after stockists selling amid poor offtake from industrial users.

Meanwhile, brass sheet cuttings recovers modestly due to fresh demand from consuming industries.

prices slid by Rs 10 per kg to Rs 1,460 from Tuesday's closing level of Rs 1,470 and utensils moved down by Rs 4 per kg to Rs 445 as against Rs 449.

cable scrap, copper scrap heavy, copper armature, copper billets and copper sheet cuttings edged down by Rs 2 per kg each to Rs 490, Rs 483, Rs 474, Rs 518 and Rs 472 as compared Rs 492, Rs 485, Rs 476, Rs 520 and Rs 474, respectively.

However, brass sheet cuttings gained by Rs 3 per kg to Rs 367 from Rs 364, yesterday.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 13 2018. 16:30 IST
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