Base metals maintain mixed trend

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Press Trust of India Mumbai
Last Updated : Jan 25 2013 | 5:33 AM IST

The industrial metals fell for a fourth consequtive session on continued concerns over the global economies amid bleack demand outlook from China.

Copper scrap heavy and copper utensils scrap both firmed up by Rs 3 per kg to Rs 483 and Rs 446 from overnight closing level of Rs 480 and Rs 443.

Copper cable scrap, copper armiture and copper wire bar moved up by Rs 2 per kg each to Rs 491, Rs 471 and Rs 519 from Rs 489, Rs 469 and Rs 517 previously.

Copper sheet cutting also inched up by a rupee per kg to Rs 466.

However, Nickel dropped by Rs 10 per kg to Rs 1,075 from Tuesday's close of Rs 1,085 and tin dipped by Rs 5 per kg to Rs 1,295 from Rs 1,300 yesterday.

Aluminium utensils scrap declined by Rs 3 per kg to Rs 114 from Rs 117.

Aluminium ingots and zinc both moved down by Rs 2 per kg each to Rs 146 and Rs 140 as against Rs 148 and Rs 142 yesterday.

Brass utensils scrap and lead also softened by Re 1 per kg to Rs 325 and Rs 124, respectively.

  

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First Published: Oct 10 2012 | 4:35 PM IST

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