India scrap metal prices show mixed trend

MUMBAI (Scrap Monster): Indian scrap metal prices showed a mixed trend on Wednesday.

In Mumbai metal market, copper heavy scrap and copper utensil scrap prices advanced by Rs 3000 per ton each to Rs 483000 per ton and Rs 446000 per ton on Wednesday.

Copper cable scrap and copper armetur prices also traded higher in Mumbai metal market, advanced by Rs 2000 per ton each to Rs 491000 per ton and Rs 471000 per ton.

Copper sheet cutting prices rose to Rs 466000 per ton from Rs 465000 per ton previously.

Meanwhile in Delhi metal market, copper bars, copper rod and copper scrap prices moved down on Wednesday, declined by Rs 2 per each to Rs 504 kg, Rs 502 and Rs 430 per kg, respectively.

Zinc ingots, tin ingots and nickel strip prices also ended in red in Delhi metal market on Wednesday.

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

Metals	Wednesday	Previous
Copper Wire Bars	519000	517000
Aluminium Ingots	146000	148000
Zinc slab	140000	142000
Lead ingot	124000	125000
Tin slab	1295000	1300000
Nickel Cathode	1075000	1085000
Scrap
Copper cable scrap	491000	489000
Copper heavy scrap	483000	480000
Copper armetur	471000	469000
Copper utensil scrap	446000	443000
Copper sheet cutting	466000	465000
Brass utensil scrap	325000	326000
Brass sheet cuttings	334000	334000
Aluminum utensil scrap	114000	117000

Delhi metal prices in Indian Rupees per kg

Metals	Wednesday	Previous
Copper Bars	504	506
Copper Rod	502	504
Copper Scrap	430	432
Zinc Ingots	139-149	142-150
Tin Ingots	1275	1280
Nickel Strip
4 x 24 “ Inco	1220	1225
4 x 4 “ Inco	1180	1190
4 X 4"	1070	1080
Aluminium Ingots	138-152	138-152
Lead Ingots	119-140	119-140