Select base metals gain on renewed demand

Copper, aluminium, lead and tin gained at the non-ferrous metal market here today on renewed stockist buying interest as well as demand from industrial users despite subdued London Metal Exchange (LME) cues.
The industrial metals continued to trade lower at the LME, as sentiment continued to be loomed by slowdown in China's factory growth, compounding a deteriorating demand outlook for the metal.
Tin rose by Rs 3 per kg to Rs 1,533 from last Saturday's closing level of Rs 1,530.
Copper cable scrap and copper wire bar moved up by Rs 2 per kg each to Rs 515 and Rs 543 as against Rs 513 and Rs 541 previously.

Copper scrap heavy, copper sheet cutting, aluminium utensils scrap and lead inched up by a Re per kg each to Rs 508, Rs 488, Rs 128 and Rs 139, respectively.
However, Aluminium ingots edged down by Rs 2 per kg to Rs 145 from Rs 147 and copper utensils scrap softened by a Re per kg to Rs 470 from Rs 471.