23 Oct 2012 Last updated at 04:57:44 GMT
India Scrap metal prices remain negative
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 and copper sheet cutting prices declined by Rs 3000 per ton each to Rs 477000 per ton and Rs 463000 per ton on Monday.
Copper armetur and copper utensil scrap prices moved down to Rs 468000 per ton and Rs 443000 per ton from Rs 470000 per ton and Rs 445000 per ton previously.
In Delhi metal market, copper scrap and nickel strip prices traded slightly higher on Monday while all other metal prices remain unchanged in the market.
Delhi metal prices in Indian Rupees per kg
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Scrap Name
Price
High/Low
- # 2 Copper Wire a..
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- +0.03

- 304 SS Solid
- 0.65
- 0

- Zorba 90% NF
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- +0.02

- Scrap Electric Mo..
- 0.39
- 0

- 6063 Extrusions
- 0.81
- 0

- Al/Cu Radiators
- 1.64
- +0.02

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