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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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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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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India Markets – The commodity markets are down on Friday morning but in the metal sector Lead and Nickel staged some surge and Lead is trading at Rs 95.25 per kg (0.95 per cent up) for August contracts at MCX while Nickel gained 0.67 per cent at Rs 802 per kg for August contracts.
The September [...]

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Steel prices may cost more from August
Source: Commodity Online
MUMBAI: Domestic steel prices are likely to go up as the prices of raw materials have already been increased due to various reasons.
The prices of steel products are likely to increase in August, said JSW Steel’s Vice Chairman and Managing Director Sajjan Jindal declining to divulge further [...]

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Commodity Online
MUMBAI: June was a month of gloom for metals especially non-ferrous except perhaps aluminium.
“Metals had a relatively poor second quarter, with most losing ground. This is in contrast to other commodities, some of which had a storming Q2. Is a slowing global economy beginning to feed through into metals, and what are the
prospects for [...]

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Production cost may lift aluminium prices
Source: Commodity Online
NEW DELHI: Rising energy prices may push up aluminium prices to new heights across the globe.
According to analysts, however, rising production and stocks and slowing demand may not allow the commodity keep the lofty levels for long time.
The metal used in power, transport and packaging hit a [...]

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What an astounding rally tin prices has witnessed in the recent past. A lesser-known metal has slowly climbed to new highs. But a billion-dollar question is, whether the current bullish momentum will sustain in long run or not? Earlier tin was considered unworthy of notice because its market was smaller as compared to its peers [...]

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Metals Today 26 Jun, 2008
 Aluminium Ingot [1 kg] – Mumbai 149
 Aluminium Ingot [1 kg] – Delhi 146
 Copper Armature [1 kg] – Mumbai 374
 Copper Wire Bar [ 1 kg] – Mumbai 415
 Copper Wire Rod [ 1 kg] – Delhi 413
 Lead Ingot [1 kg] – Delhi 130
 Zinc Slabs [1 kg] – Mumbai 102
 Zinc Slabs [1 kg] [...]

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