Select base metals up on global cues

Select base metal rose up to Rs 5 per kg at the local non-ferrous base metals market today on buying by stockists in tandem with a firm global trend.
Meanwhile, nickel for delivery in three months gained 0.4 per cent to USD 14,790 a tonne, the highest since October 23, at the London Metal Exchange.
Traders said stockists buying in tandem with a firm global trend, where nickel rose to the highest level in almost three months as the International Monetary Fund boosted its global economic growth forecast and amid concern Indonesia's ban on ore exports will cut supply, influenced the sentiment.

In the national capital, nickel (4x4) and zinc ingot rose by Rs 5 and Rs 2 to Rs 1,080-1,081 and Rs 117-123 per kg, respectively.
Lead ingot and lead imported were also traded higher by Rs 2 each to Rs 138 and Rs 136 per kg, respectively.
The following are today's metal rates per kg:
Zinc ingot 117-123, nickel plate (4x4) 1,080-1,081 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 437, chadri deshi 285.
Lead ingot 138, lead imported 136, aluminium ingots 150, Aluminium sheet cutting 151, aluminium wire scrap 153 and aluminium utensils scrap 150.