India scrap metal prices fall

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

In Mumbai metal market, copper sheet cutting prices declined by Rs 5000 per kg to Rs 470000 per ton and copper armetur prices decreased by Rs 4000 per ton to Rs 475000 per ton on Tuesday.

Copper cable scrap, copper heavy scrap and copper utensil scrap prices also traded lower in Mumbai metal market, declined to Rs 493000 per ton, Rs 484000 and Rs 450000 per ton, respectively.

In Delhi metal market, copper bars and copper rod prices continued negative trend on Tuesday, both declined by Rs 5 per kg to Rs 508 per kg and Rs 506 per kg.

However, copper scrap in Delhi metal market traded higher on Tuesday, which rose to Rs 452 per kg from Rs 450 per kg previously.

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

Metals	Tuesday	Previous
Copper Wire Bars	521000	524000
Aluminium Ingots	147000	147000
Zinc slab	142000	141000
Lead ingot	126000	127000
Tin slab	1300000	1300000
Nickel Cathode	1095000	1090000
Scrap
Copper cable scrap	493000	496000
Copper heavy scrap	484000	487000
Copper armetur	475000	479000
Copper utensil scrap	450000	452000
Copper sheet cutting	470000	475000
Brass utensil scrap	329000	325000
Brass sheet cuttings	336000	335000
Aluminum utensil scrap	120000	118000

Delhi metal prices in Indian Rupees per kg

Metals	Tuesday	Previous
Copper Bars	508	513
Copper Rod	506	511
Copper Scrap	452	450
Zinc Ingots	137-152	137-152
Tin Ingots	1260	1255
Nickel Strip
4 x 24 “ Inco	1200	1200
4 x 4 “ Inco	1155	1150
4 X 4"	1060	1050
Aluminium Ingots	126-148	126-148
Lead Ingots	120-140	120-140