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Tin tumbles the most in seven years on slowdown concerns

Tin, a metal extensively used in manufacturing sector, plunged the most in more than seven years in London following a massive selloff in China’s onshore commodity market, as sentiment has soured on signs of economic slowdown.

The commodity dropped 6.3 per cent to settle at $17,700 a metric ton on the London Metal Exchange, the biggest drop since September 2011 . . .

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