India scrap metal prices decline

Metal Recycling News  |  2012-07-09 01:44:37   |   By

Indian scrap metal prices almost showed a negative trend on Saturday.

MUMBAI (Scrap Monster): Indian scrap metal prices almost showed a negative trend on Saturday.

In Delhi metal market, copper scrap prices declined by Rs 3 per kg to Rs 482 per kg on Saturday. Copper bar and copper rod prices also ended in red in Delhi metal market, both declined to Rs 513 per kg and Rs 511per kg, respectively.

Meanwhile, zinc Ingots and Tin Ingots traded higher in Delhi metal market.

In Mumbai metal market, metal prices almost remain unchanged on Saturday.

Nickel cathode is the only metal showed a positive trend in Mumbai metal market, which advanced to Rs 1305000 per ton on Saturday from Rs 1100000 per ton previously.

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

Metals

Saturday

Previous

Copper Wire Bars

514000
514000

Aluminium Ingots

138000
138000
Zinc slab
133000
133000
Lead ingot
121000
121000
Tin slab
1305000
1305000
Nickel Cathode
1305000
1100000
Scrap


Copper cable scrap
486000
486000
Copper heavy scrap
478000
478000
Copper armetur
470000
470000
Copper utensil scrap
444000
444000
Copper sheet cutting
466000
466000
Brass utensil scrap
318000
318000
Brass sheet cuttings
326000
326000
Aluminum utensil scrap
114000
114000

 

Delhi metal prices in Indian Rupees per kg

Metals

Saturday

Previous

Copper Bars

513
517

Copper Rod

511
515

Copper Scrap

482
485

Zinc Ingots

130-145
125-140

Tin Ingots

1330
1325

Nickel Strip



4 x 24 “ Inco

1280
1285

4 x 4 “ Inco

1250
1255
4 X 4'
1135
1150

Aluminium Ingots

127-148
127-148

Lead Ingots

120-140
120-140