Tin, nickel prices recover on renewed demand

Tin and nickel prices recovered at the non-ferrous metal market here today due to renewed demand from stockists and alloy industries.

Elsewhere, copper prices gained further following good demand from industrial users.

Nickel rose by Rs 5 per kg to Rs 725 from Wednesday's closing level to Rs 720 and tin also moved up by Rs 3 per kg to Rs 1,145 as against Rs 1,142 yesterday.

Copper cable scrap and copper wire bar edged up by a Re per kg each to Rs 380 and Rs 408, respectively.