Base metals climb on rising demand

Base metals climbed at the non- ferrous metal market here today on heavy stockist buying as well as rising demand from industrial users despite lower London Metal Exchange (LME) cues.
The industrial metals declined at the LME following uncertainty over US Federal Reserve ease back its stimulus.
Nickel spurted by Rs 10 per kg to Rs 1,035 from last Saturday's closing level of Rs 1,025.
Brass sheet cutting, zinc and tin all surged by Rs 5 per kg to Rs 351, Rs 164 and Rs 1,465 from Rs 346, Rs 159 and Rs 1,460 previously.
Brass utensils scrap rose by Rs 4 per kg to Rs 340 as against Rs 336 last weekend.

Copper cable scrap, Copper utensils scrap and copper wire bar advanced by Rs 3 per kg each to Rs 509, Rs 459 and Rs 537 as compared to Rs 506, Rs 456 and Rs 534 previously.
Copper scrap heavy moved up by Rs 500 from Rs 498.
Copper armature, copper sheet cutting, aluminium utensils scrap and lead all inched by a rupee per kg to Rs 487, Rs 483, Rs 124 and lead, respectively.