Select base metals rebound on fresh demand

Select base metals rebound on fresh demand

Select base metals, including tin, nickel, zinc, brass, lead and copper prices recovered at the non-ferrous metal market here today on stockists' buying amid fresh demand from industrial users.

While select copper slipped owing to lower demand from consuming industries.

Tin climbed by Rs 6 per kg to Rs 1,393 from Wednesday's closing level of Rs 1,387.

Zinc rose by Rs 5 per kg to Rs 225 from Rs 220.

Nickel and brass sheet cutting advanced by Rs 3 per kg each to Rs 790 and Rs 323 as against Rs 787 and Rs 320, respectively.

Brass utensils scrap moved up by Rs 2 per kg to Rs 315 from Rs 313 and lead inched-up by a Re per kg to Rs 155.

However, copper cables scrap and copper billets moved down by Rs 2 per kg each to Rs 441 and Rs 469 as compared to Rs 443 and Rs 471, respectively.

Copper scrap heavy softened by a Re per kg to Rs 432.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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