Business Standard

Select base metals ends mixed

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Press Trust of India Mumbai

The industrial metals eased at the LME, as a rally in the wake of fresh US stimulus began to splutter, with traders from top metals consumer China unwilling to chase prices that hit last weeks highest since May.

Nickel spurted by Rs 5 per kg to Rs 1,095 from Monday's closing level of Rs 1,090.

Brass utensils scrap and aluminium utensils scrap both moved up by Rs 2 per kg each to Rs 329 and Rs 120 from Rs 327 and Rs 118.

Brass sheet cutting inched up by Re 1 per kg to Rs 336.

Meanwhile, Copper cable scrap, copper scrap heavy and copper wire bar all fell by Rs 3 per kg each to Rs 493, Rs 484 and Rs 521 from Rs 496, Rs 487 and Rs 524.

 

Copper armature and lead softened by Re 1 per kg each to Rs 475 and Rs 126.

  

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First Published: Sep 18 2012 | 4:45 PM IST

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