Select base metals, led by copper, recovered up to Rs 5 per kg in the local metals market today on emergence of buying by stockists, influenced by a firming trend at the London Metal Exchange.
Trading sentiment turned better after copper led overseas among all industrial metals, as a weaker dollar increased the appeal of raw materials priced in the US currency.
Meanwhile, copper for three-month rose 1.3 per cent to $7,250.25 and nickel by 1.7 per cent to $21,639 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 368, Rs 387 and Rs 348, while nickel (4x4) gained Rs 5 to Rs 888-892 per kg.
Zinc ingot, lead ingot and lead imported also enquired higher by rupee one each at Rs 115.50, Rs 114 and Rs 117 per kg.
Following were today's quotations in Rs per kg:
Tin ingot 795, zinc ingot 115.50, nickel plate (4x4) 888 -892, gun metal scrap 226 bell metal scrap 228, copper wire scrap 368, copper wire bar 387, copper mixed scrap 348.00, Utensil scrap 224, Chadripital 175
Lead ingot 114, lead imported 117, aluminium ingots 100, sheet cutting 103, aluminium wire scrap 100 and aluminium utensils scrap 100
