Base metals remain higher on global cues

NEW DELHI, Aug 4:

Base metals prices strengthened by Rs 2 per kg in the local non-ferrous metals market today on increased buying by stockists largely in tandem with a firming global trend amid pick up in industrial demand, traders said.

In the national capital, copper mixed scrap and nickel (4×4) added by Rs 2 each to Rs 394 and Rs 1,042-1,045 per kg, respectively.

Zinc ingot, lead ingot and lead imported were also strengthened by Rs 2 each to Rs 109-113, Rs 133 and Rs 131 per kg, respectively.

The following are metal rates per kg:

Zinc ingot 109-113, nickel plate (4×4) 1,042-1,045, gun metal scrap 226, bell metal scrap 228, copper mixed scrap 394, chadri deshi 285.

Lead ingot 133, lead imported 131, aluminium ingots 127, sheet cutting 129, aluminium wire scrap 134 and aluminium utensils scrap 128. (PTI)