Mixed trend in India base metals, scrap metal prices gain

Metal Recycling News  |  2011-09-26 01:42:24   |   By

India base metals prices witnessed a mixed trend while scrap metal prices gained on Saturday, according to Bombay Metal Exchange data

MUMBAI (Commodity Online): Mixed trend was visible in base metals prices in Indian markets on Saturday with copper wire bars rising marginally to Rs 466,000 per tonne while tin slab prices rose from Rs 1,275,000 to Rs 1,420,000, according to data from Bombay Metal Exchange.

Saturday's Prices in rupees per tonne at the Bombay Metal Exchange:
                                 
                               Saturday's         Previous
Copper wire bars          466,000           465,000
Aluminum ingots          131,000           132,000
Zinc slab                     122,000           122,000
Lead ingot                   114,000           114,000
Tin slab                       1,420,000        1,275,000
Nickel Cathode             1,120,000        1,130,000

SCRAP
Copper cable scrap        438,000           437,000
Copper heavy scrap       430,000           429,000
Copper armeture           424,000           424,000
Copper utensil scrap      402,000           438,000
Copper sheet cutting      421,000           418,000
Brass utensil scrap         229,000           292,000
Brass sheet cuttings       303,000           303,000
Aluminum utensil scrap   108,000           113,000