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Select base metals rise on consistant demand

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Press Trust of India Mumbai

Meanwhile, copper armiture and brass prices eased owing to reduced offtake from industrial users.

The industrial metals rebounded on investors buying, though gains were restricted on global worries as well as biggest storm to hit US.

Tin shot up by Rs 5 per kg to Rs 1,305 from overnight close of Rs 1,300.

Copper cable scrap and copper wire bar both gained by Rs 3 per kg each to Rs 487 and Rs 515 as against Rs 484 and Rs 512 previously.

Copper scrap heavy edged up by Rs 2 per kg to Rs 477 and lead inched up by a rupee per kg to Rs 124.

 

However, brass sheet cutting moved down by Rs 2 per kg to RS 326 from Rs Rs 328 yesterday and copper armiture and brass utensils scrap both softened by Re 1 per kg to Rs 464 and Rs 315, respectively.

  

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First Published: Oct 31 2012 | 1:47 PM IST

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