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Nickel surges in lacklustre trade

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Press Trust of India Mumbai
Nickel prices surged in an otherwise lacklustre non-ferrous metal market here today on stockists' buying amid sustained demand from alloy industries.

Elsewhere, copper scrap heavy and copper armature also advanced owing to rising demand from industrial users.

Nickel prices rose by Rs 5 per kg to Rs 730 from Wednesday's close of Rs 725.

Copper scrap heavy and copper armature edged up by Rs 2 per kg each to Rs 412 and Rs 390 as against Rs 410 and Rs 388 yesterday.
 

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First Published: Aug 23 2017 | 4:22 PM IST

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