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Select base metals gains on mild demand

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Press Trust of India Mumbai
Select base metals like tin and copper gained in an otherwise lacklustre non-ferrous metal market here today on stockists buying amid mild demand from industrial users.

Overseas, copper held-up well, while most base metals were little changed in early LME trade, though FOMC likely to provide direction.

Tin rose by Rs 5 per kg to Rs 1,310 from Tuesday's closing level of Rs 1,305.

Copper cable scrap and copper wire bar inched up by a Re per kg each to Rs 389 and Rs 417 respectively.

However, brass utensils softened by a Re per kg to Rs 287 from 288 previously.

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First Published: Mar 16 2016 | 5:57 PM IST

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