Most of the base metals recovered at the non-ferrous metal market here today due to fresh stockist buying on the back of rebound at the London Metal Exchange (LME).
The industrial metals gained at the LME as investor's sentiment were boosted by China's expanded economic and industrial data.
Nickel prices spurted by Rs 10 per kg to Rs 1,210 from overnight closing level of Rs 1,200 and tin prices rose by Rs 5 per kg to Rs 1,410 as against Rs 1,405 in the previous session.
Copper scrap heavy moved up by Rs 3 per kg to Rs 462 from Rs 459 on yesterday. Copper cable scrap, copper armiture, copper wire bar, brass utensils scrap and zinc all edged up by Rs 2 per kg each to Rs 471, Rs 451, Rs 499, Rs 306 and Rs 126, respectively.
Copper utensils scrap and copper sheet cutting also inched up by a rupee per kg each to Rs 425 and Rs 444, respectively.
