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Copper, nickel firm up on rising demand

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By PTI Updated: Jul 10, 2018 7:22 pm
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Mumbai, July 10 (PTI): Copper and nickel firmed up at the non-ferrous metal market here today on stockists’ buying amid rising demand from industrial users.

Elsewhere, tin recovered owing to good demand from alloy industries.

While, copper sheet cuttings, brass sheet cuttings and zinc eased due to sluggish demand from consuming industries.

Tin prices rebounded by Rs 10 per kg to Rs 1,410 from Monday’s closing level of Rs 1,400 and nickel surged by Rs 5 per kg to Rs 1,025 as against Rs 1,020.

Copper armature edged up by Rs 2 per kg to Rs 459 as compared Rs 457 yesterday.

Copper cable scrap and copper billets inched up per kg each to Rs 472 and Rs 500.

However, copper sheet cuttings, brass sheet cuttings and zinc softened by a rupee per kg to Rs 455, Rs 358 and Rs 220.

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By PTI Updated: Jul 10, 2018 7:22:15 pm