Mumbai, Dec 23 (PTI) Copper prices gained at the non-ferrous metal market here today on better offtake from stockist amidst firm industrial buying bouyed by rising London Metal Exchange (LME) cues.
Meanwhile, tin dropped on stockist selling due to lack of demand from alloy industries and brass sheet cutting also softened on lower support from consumer industries.
The industrial metals firmed up at the LME on positive investors sentiments following signs of recovery in the U.S.
economy.
Copper cable scrap, copper scrap heavy and copper wire bar all moved up by Rs 3 per kilo each to Rs 450, Rs 443 and Rs 478 from Thursday''s closing level of Rs 447, Rs 440 and Rs 475 respectively.
Copper armiture and copper utensil scrap both edged up by Rs 2 per kilo each to Rs 435 and Rs 416 from Rs 433 and Rs 414 previously.
However, Tin slipped by Rs 5 per kilo to Rs 1,325 from Rs 1,330 and brass sheet cutting inched down by a rupee per kilo to Rs 312 from Rs 313 yesterday.
