Select base metals rebounds on good industrial demand

Nickel, tin, select copper and brass sheet cutting recouped at the non-ferrous metal market here today on fresh stockists buying as well as good demand from industrial users on the back of bullish global cues.
In overseas markets, the industrial metal copper were trading steady at the early trade, supported by a softer dollar following weak US data.
Nickel and tin rose by Rs 5 per kg each to Rs 1,030 and Rs 1,245 from last Saturday's closing level of Rs 1,025 and Rs 1,240.
Copper utensils scrap moved up by Rs 2 per kg to Rs 417 as against Rs 415.

Copper scrap heavy, copper armiture and brass sheet cutting edged-up by a Re per kg each to Rs 455, Rs 440 and Rs 329, respectively.
However, brass utensils scrap and zinc softened by a Re per kg each to Rs 319 and Rs 193.