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Zinc, lead gain on good offtake

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Press Trust of India Mumbai
Zinc and lead prices gained at the non-ferrous metal market here today on stockist buying amid good offtake from alloy industries.

Elsewhere, select copper and brass edged-up owing to better demand from consumer industries.

The industrial metal continued its rise at the LME, underpinned by a weaker dollar against the euro and steady buying from top consumer China.

Zinc climbed by Rs 3 per kg to Rs 161 from Tuesday's closing level of Rs 158.

Lead moved-up by Rs 2 per kg to Rs 134 from Rs 132.

Copper armature, copper utensils scrap, copper sheet cutting, brass utensils scrap and brass sheet cutting all inched-up by a Re per kg to Rs 482, Rs 457, Rs 476, Rs 344, and Rs 355.
 

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First Published: Dec 11 2013 | 4:57 PM IST

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