India scrap metal prices decline

MUMBAI (Scrap Monster): Indian scrap metal prices fell on Tuesday both in Mumbai and Delhi metal market.

In Mumbai metal market, copper heavy scrap, copper utensil scrap and copper sheet cutting prices declined by Rs 1000 per ton to Rs 475000 per ton, Rs 442000 and Rs 463000 per ton, respectively on Tuesday.

Meanwhile, copper armetur prices advanced to Rs 469000 per ton in Mumbai metal market.

In Delhi metal market, copper prices headed in negative direction on Tuesday, after the gains in the previous session.

Tin Ingots, nickel strip, aluminium ingots and lead ingot prices also ended in red in Delhi metal market on Tuesday.

Following are the metals prices in Mumbai on Tuesday (Prices in Indian Rupee per ton).

Metals	Tuesday	Previous
Copper Wire Bars	511000	511000
Aluminium Ingots	138000	138000
Zinc slab	135000	135000
Lead ingot	122000	120000
Tin slab	1295000	1300000
Nickel Cathode	1090000	1095000
Scrap
Copper cable scrap	483000	483000
Copper heavy scrap	475000	476000
Copper armetur	469000	468000
Copper utensil scrap	442000	443000
Copper sheet cutting	463000	464000
Brass utensil scrap	318000	317000
Brass sheet cuttings	328000	326000
Aluminum utensil scrap	114000	114000

Delhi metal prices in Indian Rupees per kg

Metals	Tuesday	Previous
Copper Bars	512	515
Copper Rod	510	513
Copper Scrap	480	484
Zinc Ingots	131-146	130-145
Tin Ingots	1320	1315
Nickel Strip
4 x 24 “ Inco	1260	1265
4 x 4 “ Inco	1240	1240
4 X 4"	1135	1130
Aluminium Ingots	122-144	127-148
Lead Ingots	118-138	120-140