Select base metals rose by up to Rs 2 per kg in the local non-ferrous metal market today on increased buying by stockists amid a firming trend at London Metal Exchange.
Trading sentiments turned better after copper pared gains on concerns that the global economic recovery may falter after Standard & Poor's ratings service cut the US long-term credit outlook.
Meanwhile, copper for three-month delivery was 0.3% higher at $9,249 a metric tonne on the London Metal Exchange.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were up by Rs 2 each to Rs 517, Rs 540 and Rs 501 per kg, respectively.
Lead ingot and lead imported also traded higher by rupee one each to Rs 141 and Rs 143 per kg, respectively.
Following were today's quotations per kg:
Tin ingot 857, zinc ingot 132.50, nickel plate (4x4) 1,077-1,079, gun metal scrap 226 bell metal scrap 228, copper wire scrap 517, copper wire bar 540, copper mixed scrap 501, Utensil scrap 224, Chadripital 175
Lead ingot 141, lead imported 143, aluminium ingots 102, sheet cutting 105, aluminium wire scrap 102 and aluminium utensils scrap 102
