Select base metals end higher on industrial demand

Select copper and brass gained at the non-ferrous metal market here today on stockist buying amid good industrial demand despite lower London Metal Exchange (LME) cues.
However, Nickel and tin fell owing to subdued offtake from alloy industries.
Globally, the copper moved down at the LME in early trade on a seasonal decline in demand and as traders took profits a day after the metal's biggest single-day surge in more than seven weeks on optimism over a potential deal on Greek debt.
Copper cable scrap, copper armiture, copper wire bar, copper sheet cutting and brass utensils scrap moved up by Rs 2 per kg each to Rs 439, Rs 423, Rs 459, Rs 416 and Rs 303 from Tuesday's closing level of Rs 437, Rs 421, Rs 457, Rs 414 and Rs 301, respectively.

Copper scrap heavy also inched up by a Re to Rs 433.
However, Nickel and tin dropped by Rs 5 per kg each to Rs 970 and Rs 1,180 from overnight close of Rs 975 and Rs 1,185.
Brass sheet cutting edged down by Rs 2 per kg to Rs 318 from 320 while lead softened by a Re per kg to Rs 130.