On the other hand, nickel, copper sheets cutting, lead and brass utensils scrap declined owing to reduced off-take by alloy industries.
Globally, most industrial metals are trading higher on the LME with copper gaining the most on strong demand amid supply concerns following a shutdown in Indonesian mines, while nickel slumped to hit its lowest levels since July 2009.
Copper cable scrap, copper scrap heavy, copper armature, copper wire bar and zinc all gained by Re 1 per kg each to Rs 487, Rs 479, Rs 466, Rs 515 and Rs 144, respectively.
Lead and brass utensils scrap both eased by Re 1 per kg to Rs 137 and Rs 325.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
