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Base metals ends mixed

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 7:32 PM IST

Base metals ended mixed at the non-ferrous metal market here today due to bouts of buying and sell-off by stockists and traders amidst firming trend in London Metal Exchange (LME).

Nickel, tin, lead and zinc prices increased on better offtake from alloy industries.

While, select copper and brass prices declined on subdued demand from industrial users and consumer industries.

Nickel prices spurted by Rs 15 per kg to Rs 1,220 from overnight closing level of Rs 1,205 and tin firmed up by Rs 5 per kg to Rs 1,420 as against Rs 1,415.  

Lead, zinc and copper sheet cutting inched up by a rupee per kg each to Rs 116, Rs 134 and Rs 429.

Copper cable scrap, copper utensils scrap and copper wire bar all fell by Rs 5 per kg each to Rs 449, Rs 410 and Rs 477 from Rs 454, Rs 415 and Rs 482 previously. 

Brass utensils scrap moved down by Rs 3 per kg to Rs 297 and brass sheet cutting softened by a rupee per kg to Rs 309, respectively.

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First Published: Jan 06 2011 | 5:25 PM IST

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