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Nickel, copper zinc climb on sustained demand

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Press Trust of India Mumbai
Last Updated : Aug 09 2018 | 4:45 PM IST

Most of the base metals including nickel, copper and zinc prices climbed at the non-ferrous metals market here today on stockists' buying amid sustained demand from industrial users.

However, tin slipped owing to reduced offtake from alloy industries.

Nickel prices rose by Rs 5 per kg to Rs 1,005 from Wednesday's closing level of Rs 1,000.

Zinc gained by Rs 3 per kg to Rs 224 from Rs 221.

Copper cable scrap and copper billets moved up Rs 2 per kg each to Rs 461 and Rs 489 as against Rs 459 and Rs 487, respectively.

Copper scrap heavy, copper armiture, copper utensils scrap and copper sheet cutting edged-up by a Re per kg each to Rs 455, Rs 450, Rs 424 and Rs 446, respectively.

However, tin fell by Rs 5 per kg to Rs 1,410 as compared to Rs 1,415 earlier.

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First Published: Aug 09 2018 | 4:45 PM IST

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