Most of the base metals firmed up at the non-ferrous metal market here today on sustained stockists buying amidst higher industrial demand on the back bullish London Metal Exchange (LME) cues.
The industrial metal rose at the LME after US President Barack Obama won a second term in the White House, spurring hopes Washington will continue with economic stimulus measures.
Tin spurted by Rs 10 per kg to Rs 1,335 from Tuesday's closing level of Rs 1,325 and Nickel climbed by Rs 5 per kg to Rs 1,050 from Rs 1,045.
Copper cable scrap, copper utensils scrap and brass sheet cutting all moved up by Rs 2 per kg to Rs 485, Rs 439 and Rs 328 from Rs 483, Rs 437 and Rs 326.
Copper scrap heavy, copper armiture, copper sheet cutting and brass utensils scrap also inched up by Re 1 per kg to Rs 475, Rs 465, Rs 460 and Rs 315, respectively.
