Select base metals gain on good demand

Select copper, nickel and brass gained at the non-ferrous metal market here today on stockists' buying amid good demand from industrial users.

While, copper utensils scrap slipped owing to reduced offtake from consumer industries.

Nickel surged by Rs 5 per kg to Rs 705 from Wednesday's closing level of Rs 700.

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Brass sheet cutting moved up by Rs 2 per kg to Rs 305 from overnight closing level of Rs 303.

Copper scrap heavy, copper armature and copper sheet cutting inched up by a Re per kg to Rs 398, Rs 384 and Rs 378, respectively.

However, copper utensils scrap softened by a Re per k to Rs 360 from 361.

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