Select metals remain up on rising demand, global cues

Select base metals strengthened by Rs 2 per kg at the non-ferrous market today following pick up in demand from consuming industries coupled with a firm global trend.
Traders said besides pick up in demand from consuming industries, a firm global trend kept select base metal prices trade higher.
Meanwhile, copper for delivery in three months gained 0.9 per cent to settle at USD 4,981.50 a metric tonne at the London Metal Exchange (LME), in yesterday's trade.
In the national capital, copper mixed scrap and zinc ingot were up by Rs 2 each to Rs 366 and Rs 100,106 per kg, respectively.

Nickel plate (4x4) also edged up by a similar margin to Rs 837-842 per kg respectively.
Aluminium ingots, sheet cutting, wire scrap and utensils scrap too finished higher by Rs 2 each to Rs 156, Rs 152, Rs 152 and Rs 150 per kg respectively.

Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 100-106, Nickel plate (4x4) Rs 837-842, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap Rs 366, chadri deshi Rs 295.
Lead ingot Rs 80, lead imported Rs 86, aluminium ingots Rs 156, aluminium sheet cutting Rs 152, aluminium wire scrap Rs 152 and aluminium utensils scrap Rs 150.