Select base metals move up on firm demand

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Press Trust of India Mumbai
Last Updated : May 31 2013 | 5:12 PM IST
Led by Nickel, select base metal prices gained at the non-ferrous metal market here today on firm stockist buying amidst good industrial demand.
The industrial metals were trading almost steady at the LME as investors adopted caution ahead of a key factory activity report from top consumer China.
Nickel shot-up by Rs 5 per kg to Rs 990 from Thursday's closing level of Rs 985.
Copper sheet cutting and aluminium ingots climbed by Rs 2 per kg each to Rs 461 and Rs 139 from Rs 459 and Rs 137.
Copper cable scrap, copper scrap heavy, copper armiture, brass sheet cutting and zinc all inched-up by a rupee per kg each to Rs 485, Rs 476, Rs 465, Rs 333 and Rs 142, respectively.
However, lead softened by a rupee per kg to Rs 143.
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First Published: May 31 2013 | 5:12 PM IST

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