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Select base metals gain on global cues

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Press Trust of India Mumbai

Meanwhile, select copper softened on reduced offtake from consumer industries.

Industrial metals rose at the LME following promise of reform as well as fund package to tackle euro zone debt crisis by European leaders.

Nickel surge by Rs 10 per kg to Rs 1,090 from last Saturday's closing level of Rs 1,080 and brass sheet cutting edged up by Rs 2 per kg to Rs 325 from Rs 323.

Copper cable scrap and zinc inched up by Re 1 per kg each to Rs 480 and Rs 131.

However, copper armiture, copper wire bar and copper sheet cutting looked down Re 1 per kg each to Rs 464, Rs 508 and Rs 458, respectively.

 

  

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First Published: Jun 26 2012 | 4:35 AM IST

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