Tin, brass and copper scrap heavy advanced at the non-ferrous metal market here today due to rising demand from alloy and consumer industries on the back firm London Metal Exchange (LME).
Meanwhile, select copper and lead softened on poor industrial offtake. The industrial metals gained on weakening dollar amidst ongoing instability over US debt ceiling issue.
Tin prices spurted by Rs 10 per kg to Rs 1,450 from overnight closing level of Rs 1,440 and brass utensils scrap edged up by Rs 2 per kg to Rs 307 from Rs 305 yesterday.
Copper scrap heavy inched up by a rupee per kg to Rs 466. However, copper sheet cutting moved down by Rs 2 per kg to Rs 447 as compared to Rs 449 previously.
Copper armiture, copper utensils scrap and lead all inched down by a rupee per kg each to Rs 453, Rs 426 and Rs 126 respectively.
