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Tin, nickel drop in limited trade

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Press Trust of India Mumbai

Meanwhile, select copper edged up due to better offtake from consumer industries.

The industrial metals dropped to its lowest in a week at the LME on fading hopes for monetary stimulus in the US and Europe.

Tin and nickel fell by Rs 5 per kg each to Rs 1,255 and Rs 1,070 from Tuesday's closing level of Rs 1,260 and Rs 1,075.

Zinc and copper sheet cutting softened by Re 1 each to Rs 134 and Rs 463, respectively.

However, copper cable scrap and copper wire bar inched up Re 1 per kg each to Rs 484 and Rs 512, respectively.

 

  

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First Published: Aug 01 2012 | 4:35 PM IST

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