Select base metals gain on good demand

  • Country:
  • India

Select base metals including copper, brass utensils scrap, zinc and tin gained at the non-ferrous metals market here today on stockists' buying amid good demand from industrial users.

While nickel prices slipped owing to subdued demand from alloy industries.

Tin prices rose by Rs 15 per kg to Rs 1,390 from Tuesday's closing level of Rs 1,375.

Copper sheet cuttings and zinc edged up by Rs 2 per kg each to Rs 445 and Rs 217 as against Rs 443 and Rs 215 yesterday.

Copper cable scrap, copper armature, copper utensils, copper billets and brass utensils scrap inched up per kg each to Rs 454, Rs 446, Rs 420, Rs 482 and Rs 341, respectively.

However, nickel declined by Rs 10 to Rs 990 per kg as compared to Rs 1,000, previously.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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