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Tin prices firm up in limited activity, global cues

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Press Trust of India Mumbai
In a limited activity, tin prices firmed up further at the non-ferrous metal market here today on stockist buying amidst sustained demand from alloy industries on the back of higher London Metal Exchange (LME) cues.

Meanwhile, aluminium ingots edged-down on lower offtake from consumer industries.

The industrial metals rose at the LME on short-covering ahead of this week's key Federal Reserve meeting that should provide greater clarity on monetary policy.

Tin climbed by Rs 5 per kg to Rs 1,350 from last weekend's level of Rs 1,345.

Copper sheet cutting inched-up by a rupee per kg to Rs 463.

However, aluminium ingots softened by a rupee per kg to Rs 141.
 

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First Published: Jun 17 2013 | 4:15 PM IST

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