Select base metals strengthened by up to Rs 4 per kg in the local non-ferrous metal market today on increased buying by stockists.
Marketmen said increased buying by stockists on pick up in industrial demand and a firming trend in global markets mainly helped select base metal prices strengthen.
In the national capital, copper wire scrap, copper wire bar and copper mixed scrap were remained in demand and added Rs 2 each to Rs 510, Rs 533 and Rs 493 while nickel (4x4) strengthened by Rs 4 to Rs 1,070-1,072 per kg respectively.
Zinc ingot, lead ingot and lead imported were traded higher by a rupee each to Rs 137.50, Rs 147 and Rs 150 per kg respectively.
Following were today's quotations Rs per kg:
Tin ingot 851, zinc ingot 137.50, nickel plate (4x4) 1,070-1,072, gun metal scrap 226 bell metal scrap 228, copper wire scrap 510, copper wire bar 533, copper mixed scrap 493, Utensil scrap 224, Chadripital 175.
Lead ingot 147, lead imported 150, aluminium ingots 110, sheet cutting 111, aluminium wire scrap 111 and aluminium utensils scrap 108.
