18 Oct 2013 Last updated at 03:39:33 GMT
NEW DELHI (Scrap Monster) : The scrap prices in India witnessed widespread decline on October 17th Thursday on the ScrapMonster Price Index.
Aluminum Ingot prices fell by INR 1,000 per Ton. The price of Aluminum utensil scrap also saw decline of INR 1,000 per Ton.
The prices of Brass sheet cuttings were down by INR 2000 per Ton at 333,000, when compared with prices the previous day.
Brass utensil scrap prices too got battered. The price fell by INR 2,000 per Ton from the previous day.
Copper Armeture prices were down by INR 4,000 per Ton at 449,000 as on October 17th. Copper cable scrap, Copper sheet cutting and copper heavy scrap prices fell by INR 4,000 per Ton. Copper utensil scrap prices also witnessed a down move of INR 4,000 per Ton. The price of Copper wire bars too went lower by INR 5,000 per Ton.
Lead ingot prices edged lower by INR 1,000 per Ton to touch INR 128,000 per Ton as on October 17th.
Nickel Cathode prices fell 0.64% during the day, falling by INR 6,000 per Ton.
Tin slab and Zinc slab prices were down by INR 4,000 and INR 1,000 per Ton respectively.
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Author: Paul Ploumis