India Scrap and Base Metal Prices March 11 2010

March 11 2010 – Reuters has published today’s base metal and scrap metals prices in rupees per tonne at the Bombay Metal Exchange:
METALS – Copper wire bars (HCL*), Aluminum ingots, Zinc slab, Lead ingot, Tin, Nickel , Cathode
SCRAP – Copper cable scrap, Copper heavy scrap, Copper armeture, Copper utensil scrap, Copper sheet cutting, Brass utensil [...]

Indian steel makers to raise prices

Some steel makers in India, such as Steel Authority of India Ltd (SAIL), JSW Steel have raised their prices of long and flat steel products since Indian Federation intended to increase the excise tax from 8% percent to 10 percent.
Moreover, SAIL’s hot rolled sheet and steel plate prices have been increased by US$44/ton and US$37/ton [...]

Base Metal and Scrap Metal Prices Mumbai India Mar 4 2010

March 4 2010 – Reuters has published March 4th’s base metal and scrap metals prices in rupees per tonne at the Bombay Metal Exchange:
METALS – Copper wire bars (HCL*), Aluminum ingots, Zinc slab, Lead ingot, Tin, Nickel , Cathode
SCRAP – Copper cable scrap, Copper heavy scrap, Copper armeture, Copper utensil scrap, Copper sheet cutting, Brass [...]

India Scrap Metal Prices March 2 2010

March 2 2010 – Reuters published March  2 2010 base metal and scrap metals prices in rupees per tonne at the Bombay Metal Exchange:
METALS – Copper wire bars (HCL*), Aluminum ingots, Zinc slab, Lead ingot, Tin, Nickel , Cathode
SCRAP – Copper cable scrap, Copper heavy scrap, Copper armeture, Copper utensil scrap, Copper sheet cutting, Brass utensil [...]

India Scrap Metals Continue to Drop

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 [...]

India Scrap Metal Price Summary March 30 2009

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 [...]

Rising ship breaking activity threatens steel prices

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 [...]