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Home / Metal News / Scrap prices in India rebound sharply on Index

Scrap prices in India rebound sharply on Index

Oct 23, 2013 09:51

Source:SMM

The scrap prices in India witnessed sharp rebound October 21st Monday on the ScrapMonster Price Index.

22 Oct 2013 Last updated at 03:27:02 GMT

NEW DELHI (Scrap Monster) : The scrap prices in India witnessed sharp rebound October 21st Monday on the ScrapMonster Price Index.

Aluminum Ingot prices were up by INR 1,000 per Ton. The price of Aluminum utensil scrap also saw up move of INR 1,000 per Ton.

The prices of Brass sheet cuttings climbed higher by INR 2000 per Ton at 337,000, when compared with prices the previous day.

Brass utensil scrap prices too recovered. The price advanced by INR 2,000 per Ton from the previous day.

Copper Armeture prices were up by INR 3,000 per Ton at 455,000 as on October 21st. Copper cable scrap, Copper sheet cutting and copper heavy scrap prices saw an increase of INR 3,000 per Ton. Copper utensils scrap prices too appreciated by INR 2,000 per Ton. The price of Copper wire bars too went higher by INR 3,000 per Ton.

Lead ingot prices edged higher by INR 1,000 per Ton to touch INR 129,000 per Ton as on October 21st.

Nickel Cathode prices climbed 0.64% during the day, moving higher by INR 6,000 per Ton.

Tin slab prices declined by INR 10,000 per Ton on the Index. On the other hand, Zinc slab prices were up by INR 1,000 per Ton over the previous day.

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Author: Paul Ploumis

india scrap prices

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aluminum ingot

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Jan 4, 2022 14:56

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Lead Ingot Social Inventory Shrank 1,900 mt over Weekend

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Dec 22, 2021 11:59

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Silicomanganese Prices Kept Falling, Unlikely to Rebound despite Production Cuts

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According to Chinese customs, China imported 2.25 million mt of manganese ore in November, down 12.7% MoM and 25.9% YoY, and the exports stood at 2,900 mt, surging 246.53% MoM.

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Analysis

China Exports of Molybdenum Oxide and Ferromolybdenum Continued to Increase in October on Lower Domestic Prices

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Nov 23, 2021 10:53

SMM Insight

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Nov 17, 2021 12:04

SMM Insight

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Nov 12, 2021 18:37

Analysis

Lead Ingot Social Inventory Fell 700 mt on Week

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Analysis

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The social inventory of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin decreased by 6,300 mt from October 22 and fell 6,100 mt from October 25 to 180,600 mt as of October 29, hitting a new low since August 6, 2021.

Oct 29, 2021 16:09

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Scrap prices in India rebound sharply on Index

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