Select base metals firms up on industrial demand

Led by tin and nickel, select base metals prices firmed up at the non-ferrous metal market here today on rising demand from stockists as well as alloy industries on the back of higher London Metal Exchange (LME).
The industrial metal climbed at the LME, after it logged its first monthly gain, buoyed by a brighter-than- expected manufacturing survey report from China.
Nickel shot up by Rs 10 per kg to Rs 990 from last Saturday's closing level of Rs 980.
Tin advanced by Rs 5 per kg to Rs 1,350 from Rs 1,345. Copper sheet cutting moved up by Rs 2 per kg to Rs 463 from Rs 461.

Copper cable scrap, copper scrap heavy, copper armiture, copper wire bar, brass utensils scrap, and brass sheet cutting all inched-up by a rupee per kg to Rs 486, Rs 477, Rs 466, Rs 514, Rs 326 and Rs 336 respectively.
However, aluminium utensils softened by a rupee per kg to Rs 117.