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Base metals firm up on global cues

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 4:48 AM IST

Most of the base metal prices firmed up in an active non-ferrous metal market here today on the back of rising trend in London Metal Exchange (LME).

Meanwhile, lead eased due to reduced industrial demand. Nickel and tin strengthened by Rs 5 per kilo each to Rs 1,125 and Rs 1,225 from last Thursday's closing level of Rs 1,120 and Rs 1,220.

Copper cable scrap, copper scrap heavy and copper wire bar rose Rs 4 per kilo each to Rs 387, Rs 380 and Rs 415, as against Rs 383, Rs 376 and Rs 411, respectively.

Copper armiture, copper utensils scrap and brass utensils scrap moved up by Rs 3 per kilo each to Rs 367, Rs 349 and Rs 257.

Brass sheet cutting edge up by Rs 2 per kilo to Rs 264 and aluminium ingots inched up by a rupee per kilo to Rs 118. However, lead softened by a rupee to Rs 110 from Rs 111.

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First Published: Sep 13 2010 | 5:18 PM IST

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