Scrap Metal Prices and Scrap Metal Auctions

Do you know why India has suddenly become an exporter of gold from top importer of the yellow metal? The secret is that in domestic market gold traders were selling gold at a discount of around Rs 300 per 10 gm. This has egged on India’s leading gold importers to export the yellow metal and [...]

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Indian scrap prices continue to drop. Indian steel scrap price have declined due to weak demand.
Currently, India procurement price of container scrap is about US$240~250/ton(CFR) while last week’s price at US$250~260/ton, down by US$10/ton.
On the other hand, Turkish scrap import prices have soared slightly. The current settle price of American H1 & H2 (80:20) mixed [...]

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Some basic recycling prices for scrap metals in India are shown below (LTL, TL)
Old Mixed Aluminium 19.22 24.87 Kg. INR
Old Yellow Brass 61.05 101.75 Kg. INR
No.2 Scrap Copper 144.71 161.67 Kg. INR
Mixed Lead 29.39 48.61 Kg. INR
Nickel Scrap 353.87 471.45 Kg. INR
No.2 Steel 9.16 11.45 Kg. INR
Stainless Scrap 44.09 [...]

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The rising ship breaking activities at the biggest ship breaking yard, Alang might cause a fall in the steel prices as hundreds of tonnes of scrap steel would add up to the steel supplies in India.
It now looks that recession has cast a long shadow over shipping business too which includes cruises. This can be [...]

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Sunday, January 25 has become a historic day for India’s gold market. Spot gold prices today surged to touch a historic high of Rs 14,150 per 10 grams in several jewellery shops across the country.
Gold markets in many cities opened on Sunday, as Monday January 26 is a holiday in India. India celebrates its Republic [...]

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Current scrap metal prices in India based upon current spot market prices.
Old Mixed Aluminium 26.15 34.87 Kg. INR
Old Yellow Brass 65.39 108.98 Kg. INR
No.2 Scrap Copper 158.02 174.36 Kg. INR
Mixed Lead 29.42 49.04 Kg. INR
Nickel Scrap 342.19 456.62 Kg. INR
No.2 Steel 13.34 16.67 Kg. INR
Stainless Scrap 68.66 91.54 [...]

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Current scrap metal recycling prices in India. Prices are in INR per kg and are based on spot market prices. Prices shown are for LTL and TL.
Old Mixed Aluminium 29.48 39.64 Kg. INR
Old Yellow Brass 96.56 160.59 Kg. INR
No.2 Scrap Copper 241.91 257.16 Kg. INR
Mixed Lead 39.64 66.07 Kg. [...]

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Commodity Online: NEW DELHI : Union Steel Minister Ram Vilas Paswan on Monday said a correction in steel prices is likely soon on the back of softening trend in global markets.
Speaking at 34th annual conference of the International Manganese Institute here he said, “As per present indications, further correction in the prices of steel is [...]

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Summary of scrap metal prices in India based upon current spot market prices.
Old Mixed Aluminium 30.83 41.43 Kg. INR
Old Yellow Brass 101.17 168.62 Kg. INR
No.2 Scrap Copper 256.31 270.76 Kg. INR
Mixed Lead 36.62 60.70 Kg. INR
Nickel Scrap 608.01 810.35 Kg. INR
No.2 Steel 17.00 21.25 Kg. INR
Stainless Scrap 64.56 85.76 Kg. INR
Old Mixed Zinc Scrap 26.02 [...]

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A summary of scrap metal recycling prices for India is provided below. Prices are based upon spot market prices and are in INR per KG. There are two prices, LTL and TL.
Old Mixed Aluminium 30.65 40.86 Kg. INR
Old Yellow Brass 93.79 156.94 Kg. INR
No.2 Scrap Copper 236.81 250.74 Kg. INR
Mixed [...]

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