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