Base metals firm on global cues, spot demand

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Press Trust of India New Delhi
Last Updated : May 11 2018 | 2:25 PM IST

Base metal prices rose by up to Rs 5 per kg at the non-ferrous metal market today largely in tandem with a firm trend overseas.

Besides, pick up in demand from consuming industries at domestic spot market fulled the uptrend.

Traders said sentiment bolstered on widening of positions
In line with overall trend, aluminium ingot, sheet cutting, wire scrap and utensils scrap too enquired higher by Rs 2
Following are today's metal rates (in Rs per kg):
Zinc ingot Rs 138-144, nickel plate (4x4) Rs 864-869,
gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed

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First Published: May 11 2018 | 2:25 PM IST

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