Don’t miss the latest developments in business and finance.

Base metals firm up on sustained industrial demand

Image
Press Trust of India Mumbai
Last Updated : Aug 10 2015 | 4:28 PM IST
Most of the base metals firmed up at the non-ferrous metal market here today on stockists buying amid sustained demand from industrial users.
On global front, the industrial metal copper fell in early trade and was mired at six-year lows as attractive import prices into China in July failed to boost shipments, underscoring modest appetite in the world's top consumer of metals.
Nickel and copper sheet cutting climbed by Rs 5 per kg each to Rs 865 and Rs 380 from last Saturday's closing level of Rs 860 and 375, respectively.
Copper armiture rose by Rs 3 per kg to Rs 384 from Rs 381.
Brass sheet cutting moved up by Rs 2 per kg to Rs 303 from Rs 301.
Copper cable scrap, copper scrap heavy and copper wire bar inched-up by a Re 1 per kg each to Rs 400, Rs 393 and Rs 428.

More From This Section

First Published: Aug 10 2015 | 4:28 PM IST

Next Story