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Select base metals decline on poor industrial demand

Last Updated : Jan 29 2016 | 4:48 PM IST

Select base metals, including nickel, lead, zinc and copper declined at the non-ferrous metal market here today due to stockists selling amid lower demand from industrial users.

Nickel slid by Rs 5 per kg to Rs 715 from Thursday's closing level of Rs 720 and zinc moved down by Rs 3 per kg to Rs 156 as compared to Rs 159 previously.

Lead edged down by Rs 2 per kg to Rs 123 as against to Rs 125 yesterday.

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Copper cable scrap, copper scrap heavy, copper wire bar softened by a Re per kg each to Rs 375, Rs 370 and Rs 403 respectively.

However, tin rose by Rs 5 per kg to Rs 1,145 from yesterday's closing level of Rs 1,140.

Copper utensils and copper sheet cuttings inched up by a Re per kg to Rs 347 and Rs 364 respectively.

Select base metals decline on poor industrial demand

Also Read

Select base metals decline on reduced industrial demand

Select base metals decline on poor demand

Select base metals decline in listless trade

Select base metals recover on industrial demand, global cues

Select base metals recovers on fresh demand

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