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India scrap metal prices rise

Metal Recycling News  |  2012-10-17 10:40:41

In Mumbai metal market, copper cable scrap and copper heavy scrap prices advanced to Rs 486000 per ton and Rs 477000 per ton on Tuesday from Rs 482000 per ton and Rs 474000 per ton previously.

MUMBAI (Scrap Monster): Indian scrap metal prices rose on Tuesday after the losses in the previous session.

In Mumbai metal market, copper cable scrap and copper heavy scrap prices advanced to Rs 486000 per ton and Rs 477000 per ton from Rs 482000 per ton and Rs 474000 per ton previously.

Copper utensil scrap prices rose by Rs 1000 per ton to Rs 443000 per ton and copper sheet cutting prices advanced by Rs 2000 per ton to Rs 465000 per ton.

However, copper armeture prices in Mumbai metal market moved down to Rs 468000 per ton on Tuesday from Rs 469000 per ton previously.

Brass utensil scrap, Brass sheet cuttings and Aluminum utensil scrap also traded higher in Mumbai metal market.

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

Metals

Tuesday

Previous

Copper Wire Bars

514000
510000

Aluminium Ingots

146000
146000
Zinc slab
136000
137000
Lead ingot
121000
124000
Tin slab
1285000
1290000
Nickel Cathode
1060000
1060000
Scrap


Copper cable scrap
486000
482000
Copper heavy scra
477000
474000
Copper armetur
468000
469000
Copper utensil scrap
443000
442000
Copper sheet cuttin
465000
463000
Brass utensil scrap
325000
322000
Brass sheet cuttings 
334000
331000
Aluminum utensil scrap
115000
114000

 

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