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Select base metals up on stockists' buying

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Press Trust of India New Delhi
Last Updated : Dec 20 2017 | 3:15 PM IST
Prices of select base metals rose by up to Rs 5 per kg at the non-ferrous metal market today on emergence of buying by stockists following uptick in demand from consuming industries.
Traders said fresh buying by stockists following pick-up in demand from consuming industries at domestic spot market mainly led to the rise in select base metal prices.
In the national capital, copper mixed scrap and nickel plate (4x4) rose by Rs 2 and Rs 5 to Rs 389 and Rs 760-765 per kg, respectively.
Zinc ingot also traded higher by Rs 2 to Rs 122-128 per kg.
Following are today's metals' rates (in Rs per kg):
Zinc ingot Rs 122-128, nickel plate (4x4) Rs 760-765, gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 389, chadri deshi Rs 295.
Lead ingot Rs 121, lead imported Rs 127, aluminium ingots Rs 154, aluminium sheet cutting Rs 150, aluminium wire scrap Rs 150 and aluminium utensils scrap Rs 148.

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First Published: Dec 20 2017 | 3:15 PM IST

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