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Select base metals moves down on reduced demand, tin spurts

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 5:46 PM IST

Meanwhile, tin spurted due to heavy demand from alloy industries.

The industrial metals hit a two-month lows as investors cautiousness over US presidential election and two Central bank meetings this week.

Nickel and copper utensils scrap slipped by Rs 2 per kg each to Rs 1,050 and Rs 436 from Saturday's closing level of Rs 1,052 and Rs 436.

Copper cable scrap, copper scrap heavy, copper wire bar and Copper sheet cutting all inched down by a rupee per kg to Rs 481, Rs 473, Rs 509 and Rs 458 respectively.

However, Tin surged by Rs 10 per kg to Rs 1,320 against Rs 1,310 previously.

Lead inched up by a rupee per kg to Rs 124.

  

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First Published: Nov 05 2012 | 4:45 PM IST

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