Most of the base metals surged at the non-ferrous metal market here today on stockist buying amid good demand from industrial users on the back of higher London Metal Exchange (LME) cues.
Meanwhile, Nickel dropped on subdued demand from alloy industries.
The industrial metals were trading higher at the London Metal Exchange (LME), after the dollar dropped sharply on uncertainty over the effects the US potentially scaling back its monetary stimulus.
Copper cable scrap, copper wire bar and tin shot-up by Rs 5 per kg each to Rs 505, Rs 533 and Rs 1,460 from Wednesday's closing level of Rs 500, Rs 453 and Rs 1,455.
Copper sheet cutting, brass utensil scrap, and zinc climbed by Rs 4 per kg each to Rs 480, Rs 335 and Rs 158 from Rs 476, Rs 331 and Rs 154.
Copper scrap heavy, brass sheet cutting and aluminium ingots gained by Rs 3 per kg each to Rs 495, Rs 344 and Rs 151 from Rs 492, Rs 341 and Rs 148.
Copper utensils scrap moved up by Rs 2 per kg to Rs 455 from Rs 453 and copper armiture inched-up by a rupee per kg to Rs 482.
However, nickel declined by Rs 5 per kg to Rs 1,010 as against Rs 1,015 previously.
