India scrap metal prices remain negative

MUMBAI (Scrap Monster): Indian scrap metal prices almost continued negative trend on Monday both in Mumbai and Delhi metal market.

In Mumbai metal market, copper cable scrap prices declined to Rs 483000 per ton and Copper heavy scrap prices dipped to Rs 476000 per ton on Monday.

Copper armetur, copper utensil scrap and copper sheet cutting prices also ended in red in Mumbai metal market.

Meanwhile, in Delhi metal market, copper prices showed a positive trend on Monday.

Copper scrap, copper bar and copper rod prices advanced by Rs 2 per kg to Rs 484 per kg, Rs 515 per kg and Rs 513 per kg, respectively.

Tin Ingots and Nickel Strip prices headed in negative direction in Delhi metal market on Monday.

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

Metals	Monday	Previous
Copper Wire Bars	511000	514000
Aluminium Ingots	138000	138000
Zinc slab	135000	133000
Lead ingot	120000	121000
Tin slab	1300000	1305000
Nickel Cathode	1095000	1100000
Scrap
Copper cable scrap	483000	486000
Copper heavy scrap	476000	478000
Copper armetur	468000	470000
Copper utensil scrap	443000	444000
Copper sheet cutting	464000	466000
Brass utensil scrap	317000	318000
Brass sheet cuttings	326000	326000
Aluminum utensil scrap	114000	114000

Delhi metal prices in Indian Rupees per kg

Metals	Monday	Previous
Copper Bars	515	513
Copper Rod	513	511
Copper Scrap	484	482
Zinc Ingots	130-145	130-145
Tin Ingots	1315	1330
Nickel Strip
4 x 24 “ Inco	1265	1280
4 x 4 “ Inco	1240	1250
4 X 4"	1130	1135
Aluminium Ingots	127-148	127-148
Lead Ingots	120-140	120-140