India scrap metal prices remain negative

MUMBAI (Scrap Monster): Indian scrap metal prices continued negative trend on Thursday.

In Mumbai metal market, metal prices almost declined on Thursday. Nickel cathode prices advanced to Rs 1095000 per tone. It is the only metal showed a positive trend in Mumbai metal market.

While in Delhi metal market, copper scrap prices advanced to Rs 452 per kg on Thursday from Rs 450 per kg previously.

Copper rod and copper scrap prices also gained in Delhi metal market.

Tin Ingots and nickel strip prices continued negative trend on Thursday's session.

Following are the metals prices in Mumbai on Thursday (Prices in Indian Rupee per tone).

Metals	Thursday	Previous
Copper Wire Bars	511000	513000
Aluminium Ingots	138000	140000
Zinc slab	130000	132000
Lead ingot	121000	122000
Tin slab	1330000	1330000
Nickel Cathode	1095000	1090000
Scrap
Copper cable scrap	483000	485000
Copper heavy scrap	475000	477000
Copper armetur	467000	468000
Copper utensil scrap	444000	445000
Copper sheet cutting	461000	463000
Brass utensil scrap	316000	317000
Brass sheet cuttings	324000	326000
Aluminum utensil scrap	112000	114000

Delhi metal prices in Indian Rupees per kg

Metals	Thursday	Previous
Copper Bars	494	492
Copper Rod	492	490
Copper Scrap	452	450
Zinc Ingots	132-147	132-147
Tin Ingots	1340	1345
Nickel Strip
4 x 24 “ Inco	1345	1255
4 x 4 “ Inco	1325	1240
4 X 4"	1115	1110
Aluminium Ingots	126-146	126-146
Lead Ingots	115-135	115-135