Select base metals firm up on global cues

Led by copper, select base metals firmed up at the non-ferrous metal market here today on persistent stockist buying amidst heavy demand from industrial users on the back of bullish London Metal Exchange (LME) cues.
Meanwhile, tin and zinc moved down owing to subdued offtake from alloy industries.
The industrial metals climbed at the LME after signs of growth revival in Germany, pushed up the euro and buttressed the demand outlook for metals, while buying from top consumer China extended a steady albeit modest seasonal recovery.
Copper cable scrap, copper scrap heavy and copper wire bar shot-up by Rs 5 per kg each to Rs 480, Rs 474 and Rs 508 from Monday's closing level of Rs 475, Rs 469 and Rs 503.

Copper armiture and copper sheet cutting gained by Rs 3 per kg each to Rs 463 and Rs 457 from Rs 459 and Rs 453.
Copper utensils scrap move up by Rs 3 per kg to Rs 443 from Rs 440. Brass sheet cutting and lead edged up by Rs 2 per kg each to Rs 332 and Rs 139 from Rs 330 and Rs 137.
Brass utensil scrap inched-up by a rupee per kg to Rs 322 from Rs 321.
However, tin declined by Rs 3 per kg to Rs 1,412 as against Rs 1,415 yesterday and zinc softened by a rupee per kg to Rs 140.