India scrap metal prices remain negative

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

In Mumbai metal market, copper armetur prices advanced to Rs 465000 per ton and copper utensil scrap prices advanced to Rs 443000 per ton on Tuesday. Tin slab prices ended in red in Mumbai metal market.

Except copper and tin, all other metal prices remain unchanged in Mumbai metal market on Tuesday.

In Delhi metal market, copper scrap prices declined to Rs 432 kg on Tuesday from Rs 442 per kg previously.

Copper bar and copper rod prices also headed in negative direction in Delhi metal market.

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

Metals	Tuesday	Previous
Copper Wire Bars	508000	508000
Aluminium Ingots	138000	138000
Zinc slab	131000	131000
Lead ingot	121000	121000
Tin slab	1305000	1310000
Nickel Cathode	1090000	1090000
Scrap
Copper cable scrap	480000	480000
Copper heavy scrap	472000	472000
Copper armetur	465000	464000
Copper utensil scrap	443000	442000
Copper sheet cutting	458000	458000
Brass utensil scrap	316000	316000
Brass sheet cuttings	325000	325000
Aluminum utensil scrap	112000	112000

Delhi metal prices in Indian Rupees per kg

Metals	Tuesday	Previous
Copper Bars	494	502
Copper Rod	492	500
Copper Scrap	432	442
Zinc Ingots	135-150	135-150
Tin Ingots	1335	1340
Nickel Strip
4 x 24 “ Inco	1275	1270
4 x 4 “ Inco	1245	1240
4 X 4"	1110	1110
Aluminium Ingots	126-146	126-146
Lead Ingots	115-135	115-135