Tin declines on weak LME

Print this page Posted on : 04-26-2007 by recycleinme.com

Prices of tin declined on the non-ferrous metal market on Thursday on lack of industrial demand coupled with lower LME advices. Tin dropped by Rs15 per kg to Rs765 and copper armeture by Re1 to Rs354 per kg. However, zinc firmed up by Rs4 per kg to Rs195, copper cable scrap by Rs2 per kg to Rs372, copper scrap heavy by Rs2 per kg to Rs364, copper utensils scrap by Re1 to Rs331 per kg and copper sheets cutting by Re1 to Re353 per kg.

Source : Business Line