India scrap metal prices fall

MUMBAI (Scrap Monster): Indian scrap metal prices showed a negative trend on Monday in both Mumbai and Delhi metal market.

In Mumbai metal market, copper heavy scrap prices declined by Rs 7000 per ton to Rs 474000 per ton and copper cable scrap prices fell by Rs 6000 per ton to Rs 482,000 per ton on Monday.

Copper armetur, copper utensil scrap and copper sheet cutting prices also ended in red in Mumbai metal market, declined to Rs 469000 per ton, Rs 463000 and Rs 463000 per ton respectively.

Meanwhile, in Delhi metal market, copper bars and copper rod prices advanced by Rs 2 per kg each to Rs 382 per kg and 380 per kg on Monday while copper scrap prices moved down to Rs 340 per kg from Rs 342 per kg previously.

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

Metals	Monday	Previous
Copper Wire Bars	510000	516000
Aluminium Ingots	146000	146000
Zinc slab	137000	138000
Lead ingot	124000	124000
Tin slab	1290000	1290000
Nickel Cathode	1060000	1060000
Scrap
Copper cable scrap	482000	488000
Copper heavy scrap	474000	481000
Copper armetur	469000	471000
Copper utensil scrap	442000	446000
Copper sheet cutting	463000	466000
Brass utensil scrap	322000	325000
Brass sheet cuttings	331000	334000
Aluminum utensil scrap	114000	114000

Delhi metal prices in Indian Rupees per kg

Metals	Monday	Previous
Copper Bars	382	380
Copper Rod	380	378
Copper Scrap	340	342
Zinc Ingots	135-150	135-150
Tin Ingots	907	905
Nickel Strip
4 x 24 “ Inco	1060	1065
4 x 4 “ Inco	1053	1060
4 X 4"	955	965
Aluminium Ingots	120	122
Lead Ingots	124	126