India Scrap metal prices remain negative

Metal Recycling News  |  2012-10-23 04:57:44   |   By

Indian scrap metal prices showed a negative trend on Monday in both Mumbai and Delhi metal market.

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.

Metals

Monday

Previous

Copper Wire Bars

513000
517000

Aluminium Ingots

140000
141000
Zinc slab
134000
134000
Lead ingot
124000
123000
Tin slab
1320000
1320000
Nickel Cathode
1060000
1065000
Scrap


Copper cable scrap
485000
489000
Copper heavy scrap
477000
480000
Copper armetur
468000
470000
Copper utensil scrap
443000
445000
Copper sheet cutting
463000
466000
Brass utensil scrap
324000
325000
Brass sheet cuttings 
333000
335000
Aluminum utensil scrap
113000
114000


Delhi metal prices in Indian Rupees per kg

Metals

Monday

Previous

Copper Bars

512
512

Copper Rod

510
510

Copper Scrap

448
447

Zinc Ingots

139-148
136-146

Tin Ingots

1325
1325

Nickel Strip



4 x 24 “ Inco

1240
1235

4 x 4 “ Inco

1205
1200
4 X 4'
1100
1090

Aluminium Ingots

138-152
138-152

Lead Ingots

119-140
119-140