Base metals firm on global cues, spot demand

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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
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: May 11 2018 | 2:25 PM IST