India scrap metal prices fall

MUMBAI (Scrap Monster): Indian scrap metal prices almost fell on Wednesday both in Mumbai and Delhi metal market.

In Mumbai metal market, copper heavy scrap, copper utensil scrap and copper sheet cutting prices declined by Rs 1000 per ton to Rs 475000 per ton, Rs 442000 and Rs 461000 per ton respectively.

Copper cable scrap prices also ended in red in Mumbai metal market, declined by Rs 2000 per ton to Rs 483000 per ton.

In Delhi metal market, copper scrap prices eased by Rs 30 per kg to Rs 440 per kg on Wednesday while copper bar and copper rod prices declined by Rs 7 per kg to Rs 503 per kg and Rs 501 per kg respectively.

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

Metals	Wednesday	Previous
Copper Wire Bars	511000	511000
Aluminium Ingots	143000	143000
Zinc slab	135000	135000
Lead ingot	121000	121000
Tin slab	1250000	1250000
Nickel Cathode	1055000	1055000
Scrap
Copper cable scrap	483000	485000
Copper heavy scrap	475000	476000
Copper armetur	468000	468000
Copper utensil scrap	442000	443000
Copper sheet cutting	461000	462000
Brass utensil scrap	318000	316000
Brass sheet cuttings	326000	326000
Aluminum utensil scrap	114000	113000

Delhi metal prices in Indian Rupees per kg

Metals	Wednesday	Previous
Copper Bars	503	510
Copper Rod	501	508
Copper Scrap	440	470
Zinc Ingots	136-152	135-150
Tin Ingots	1245	1270
Nickel Strip
4 x 24 “ Inco	1190	1220
4 x 4 “ Inco	1140	1190
4 X 4"	1050	1075
Aluminium Ingots	123-147	123-147
Lead Ingots	118-139	118-139