Tin rises on strong industrial demand

MUMBAI: Tin prices rose further in a narrowly mixed non-ferrous metal market here today on the back of good industrial demand coupled with stockists buying.

Elsewhere, copper armiture also moved up on better offtake industrial units.

While, nickel and brass declined on lack of demand from consuming industries.

Tin rose by Rs 27 per kilo to Rs 842 from yesterday's closing level of Rs 815.

Copper armiture also looked up by a rupee per kilo to Rs 269.

However, nickel fell by Rs 8 per kilo to Rs 822 from Rs 830 yesterday.

Brass utensils scrap and brass sheets cutting also eased by a rupee per kilo to Rs 197 and Rs 202 respectively.