Select base metals recover on industrial demand, global cues

MUMBAI: Select base metals recovered at the non-ferrous metal market here today on stockist buying, amidst renewed industrial demand as well as higher London Metal Exchange (LME) cues.

Nickel, aluminium utensils scrap and copper utensils scrap climbed by Rs 3 per kg each to Rs 1,100, Rs 115 and Rs 452 from Thursday's closing level of Rs 1,097, Rs 112 and Rs 449.

Copper cable scrap, copper wire bar, copper sheet cutting and zinc inched-up by a Rupee per kg to Rs 493, Rs 521, Rs 468 and Rs 148 respectively.

However, copper scrap heavy, aluminium ingots, and lead.