Select base metals gain on sustained industrial demand

Select base metals gained at the non- ferrous metal market here today on sustained stockist and industrial buying.
Meanwhile, brass sheet cutting, zinc, lead tin and nickel prices fell due subuded demand from alloy and consumer industries.
The industrial metals declined at the LME on uncertainty over the impact a tapering of US monetary stimulus would have on global capital markets, ahead of the release of minutes from the latest US Federal Reserve meeting.
Copper cable scrap and copper wire bar climbed by Rs 3 per kg each to Rs 512 and Rs 540 from Monday's closing level of Rs 509 and Rs 537.

Copper armiture, copper utensil scrap and aluminium ingots gained by Rs 2 per kg each Rs 489, Rs 461 and Rs 153 from Rs 487, Rs 459 and Rs 151.
Copper scrap heavy, copper sheet cutting and brass utensil scrap inched up by a rupee per kg each to Rs 501, Rs 484 and Rs 341.

However, tin dipped by Rs 10 per kg to Rs 1,455 from Rs 1,465.
Nickel and zinc fell by Rs 5 per kg each to Rs 1,030 and Rs 157 from Rs 1,035 and Rs 164.
Brass sheet cutting and lead softened by Re 1 per kg each to Rs 350 and Rs 131 respectively.