Smart rise in metal prices on higher LME advices

Prices of copper, brass and aluminium firmed up smartly on the non-ferrous metal market here today due to good industrial demand coupled with higher advices from London Metal Exchange.

However, tin declined on lack of demand from industrial users.

Nickel rose by Rs 10 per kilo to Rs 1,170, copper armiture by Rs 6 per kilo to Rs 388, copper scrap heavy by Rs 5 per kilo to Rs 393, copper sheets cutting by Rs 5 per kilo to Rs 383, copper cable scrap by Rs 4 per kilo to Rs 398, copper wire bar by Rs 4 per kilo to Rs 426, brass sheets cutting by Rs 3 per kilo to Rs 273, copper utensils scrap by Rs 2 per kilo to Rs 352, brass utensils scrap by Rs 2 per kilo to Rs 256 and aluminium utensils scrap by a rupee per kilo to Rs 115.

However, tin fell by Rs 5 per kilo to Rs 1,165 from Rs 1,170 previously.