Base metals metals traded mixed after three days lull of festive holidays at the non-ferrous metal market here today on bouts of buying and selling.
Select copper gained amid firm demand from industrial users, while select aluminium, brass, tin and nickel fell following stockist selling due to reduced demand from consumer industries.
The industrial metal surged at the LME amid positive investors sentiment over reports of slide in economic growth in China, which is top consumer.
Copper cable scrap, copper utensils scrap and copper wire bar moved up by Rs 2 per kg each to Rs 485, Rs 440 and Rs 513 from Tuesday's close of Rs 483, Rs 438, Rs 511.
Copper armature and copper sheet cutting also inched up by Re 1 per kg to Rs 465 and Rs 460.
However, nickel dropped by Rs 10 per kg to Rs 1,040 from previous close of Rs 1,050.
Tin and brass sheet cutting fell by Rs 5 per kg each to Rs 1,330 and Rs 323 from Rs 1,335 and Rs 328 on Tuesday.
Brass utensils scrap and aluminium utensils scrap declined by Rs 3 per kg each to Rs 315 and Rs 111 as against Rs 318 and Rs 114.
Copper scrap heavy also eased by Rs 2 per kg to Rs 475 from Rs 477.
