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Select base metals decline on selling

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Press Trust of India Mumbai
Most of the base metals, including select copper, brass, aluminium, lead and tin prices declined at the non-ferrous metal market here today on stockist selling amidst weak demand from industrial users.

The industrial metals was trading steady in early trade, underpinned by robust US economic data and comments from China suggesting it had warded off a slowdown in growth.

Tin fell by Rs 5 per kg to Rs 1,600 from Wednesday's closing level of Rs 1,605.

Lead looked down by Rs 3 per kg to Rs 142 from Rs 145.

Copper armature, copper sheet cutting and aluminium ingots moved down by Rs 2 per kg each to Rs 468, Rs 464 and Rs 153 from Rs 470, Rs 466 and Rs 155, respectively.
 

Copper utensils scrap and brass sheet cutting edged-down by a Re per kg each to Rs 445 and Rs 352.

However, copper scrap heavy inched-up by Re 1 per kg to Rs 486.

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First Published: Jun 05 2014 | 5:04 PM IST

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