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Nickel rises on heavy demand

Posted on 31 October 2013

Nickel prices rose at the non-ferrous metal market here today on heavy stockists demand amid good offtake from alloy industries. Elsewhere, select copper and aluminium utensils gained due to better offtake from consumer industries.
Meanwhile, copper sheet cutting fell owing to lower demand from industrial users. The industrial metals was trading unchanged at the LME, well below last week’s one-month high on a weaker fundamental outlook as investors await clues on monetary policy from the US Federal Reserve……………………………….Full Article: Source


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