India scrap metal prices rise

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

In Mumbai metal market, copper cable scrap prices rose to Rs 484000 per ton; copper heavy scrap prices advanced to Rs 477000 per tone and copper armetur prices advanced to Rs 469000 per ton on Friday.

Meanwhile, Copper utensil scrap prices ended in red in Mumbai metal market, which declined to Rs 442000 per ton from Rs 443000 per ton previously.

In Delhi metal market, copper bars and copper rod prices extended gains on Friday, both advanced to Rs 515 per kg and 513 per kg, respectively. Tin Ingots and nickel strip prices also headed in positive direction on Friday.

Copper scrap prices eased by Rs 10 per kg to Rs 460 per kg in Delhi metal market on Friday.

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

Metals	Friday	Previous
Copper Wire Bars	512000	510000
Aluminium Ingots	138000	138000
Zinc slab	134000	135000
Lead ingot	120000	122000
Tin slab	1290000	1285000
Nickel Cathode	1080000	1080000
Scrap
Copper cable scrap	484000	482000
Copper heavy scrap	477000	474000
Copper armetur	469000	468000
Copper utensil scrap	442000	443000
Copper sheet cutting	463000	463000
Brass utensil scrap	316000	316000
Brass sheet cuttings	326000	325000
Aluminum utensil scrap	114000	112000

Delhi metal prices in Indian Rupees per kg

Metals	Friday	Previous
Copper Bars	515	514
Copper Rod	513	512
Copper Scrap	460	470
Zinc Ingots	131-146	131-146
Tin Ingots	1320	1310
Nickel Strip
4 x 24 “ Inco	1270	1265
4 x 4 “ Inco	1240	1235
4 X 4"	1145	1135
Aluminium Ingots	122-144	122-144
Lead Ingots	118-138	118-138