By Vibin Antony
Prices for aluminium and copper scrap in India showed a mixed trend on Thursday.
The scrap prices for aluminium rod company, aluminium accessories scrap, aluminium rod local and aluminium utensil scrap witnessed down trend on Scrap Register Prices Index as on Thursday.
Prices for scrap aluminium ingots remained unchanged from previous close, while aluminium sheet cutting and aluminium wire scrap traded down.
As of 17: 40 IST, the most active aluminium January futures contract on India's Multi Commodity Exchange edged up to 116.05 per kilogram as compare to previous close of 115.65 a kilogram.
The scrap prices for copper armature, copper cable scrap, copper heavy scrap, copper sheet cutting and copper utensil scrap showed a negative trend on Scrap Register Prices Index as on Thursday, while copper mixed scrap, copper super d.rod and copper wire scrap prices traded up.
As of 17: 40 IST, the most active copper February futures contract on India's Multi Commodity Exchange slipped to 354 per kilogram as compare to previous close of 357.10 a kilogram.
(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)
Prices for aluminium and copper scrap in India showed a mixed trend on Thursday.
The scrap prices for aluminium rod company, aluminium accessories scrap, aluminium rod local and aluminium utensil scrap witnessed down trend on Scrap Register Prices Index as on Thursday.
Prices for scrap aluminium ingots remained unchanged from previous close, while aluminium sheet cutting and aluminium wire scrap traded down.
As of 17: 40 IST, the most active aluminium January futures contract on India's Multi Commodity Exchange edged up to 116.05 per kilogram as compare to previous close of 115.65 a kilogram.
The scrap prices for copper armature, copper cable scrap, copper heavy scrap, copper sheet cutting and copper utensil scrap showed a negative trend on Scrap Register Prices Index as on Thursday, while copper mixed scrap, copper super d.rod and copper wire scrap prices traded up.
As of 17: 40 IST, the most active copper February futures contract on India's Multi Commodity Exchange slipped to 354 per kilogram as compare to previous close of 357.10 a kilogram.
(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)
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