Select base metals ends mixed

Image
Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 1:05 PM IST

The industrial metals eased at the LME, as a rally in the wake of fresh US stimulus began to splutter, with traders from top metals consumer China unwilling to chase prices that hit last weeks highest since May.

Nickel spurted by Rs 5 per kg to Rs 1,095 from Monday's closing level of Rs 1,090.

Brass utensils scrap and aluminium utensils scrap both moved up by Rs 2 per kg each to Rs 329 and Rs 120 from Rs 327 and Rs 118.

Brass sheet cutting inched up by Re 1 per kg to Rs 336.

Meanwhile, Copper cable scrap, copper scrap heavy and copper wire bar all fell by Rs 3 per kg each to Rs 493, Rs 484 and Rs 521 from Rs 496, Rs 487 and Rs 524.

Copper armature and lead softened by Re 1 per kg each to Rs 475 and Rs 126.

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Sep 18 2012 | 4:45 PM IST

Next Story