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Select base metals rise on sustained demand

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 1:17 AM IST

Copper, brass and lead prices moved up further at the non-ferrous metal market here on sustained offtake from industrial users.

Meanwhile, nickel and zinc declined owing to lower demand from consumer industries amid bearish trend in the London Metal Exchange (LME).

Copper armiture, copper sheet cutting firmed up by Rs 2 per kilo each to Rs 381 and Rs 377 from yesterday's closing level of Rs 379 and Rs 375, respectively.

Copper cable scrap, copper scrap heavy, copper utensils scrap, copper wire bar, brass utensils scrap and lead all inched up by rupee per kilo each to Rs 396, 388, Rs 357, Rs 424, Rs 263 and Rs 112.

However, nickel fell by Rs 5 per kilo to Rs 1,135 from overnight closing level of Rs 1,140 and zinc eased by a rupee per kilo to Rs 125, as against Rs 126.

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First Published: Sep 30 2010 | 5:29 PM IST

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