Scrap prices gained ground in most of the markets in the week ended April 16 on buying by end-users.
Prices were up by Rs 150-600 per ton in Mandi Govindgarh, Alang, Ludhiana, Jaipur, Bhilai, Muzaffarnagar and Mumbai.
India’s containerised shredded scrap import prices remained unchanged at $223 a ton CFR Nhava Sheva.
Prices of scrap in various markets during the past one year (Rs/ton)
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
16-Apr-16 |
15-Apr-16 |
9-Apr-16 |
17-Mar-16 |
19-Oct-15 |
|
MANDI GOBINDGARH |
19,100 |
19,400 |
18,800 |
19,200 |
19,800 |
KOLKATA |
- |
- |
- |
- |
- |
ALANG SCRAP YARD |
17,050 |
17,300 |
16,900 |
16,300 |
17,900 |
LUDHIANA |
21,700 |
22,000 |
21,400 |
21,900 |
22,100 |
JAIPUR |
19,500 |
19,500 |
19,100 |
18,700 |
20,200 |
BHILAI |
18,600 |
18,600 |
18,000 |
18,200 |
18,500 |
MUZAFFARNAGAR |
19,800 |
19,500 |
19,600 |
- |
22,200 |
MUMBAI |
16,500 |
16,500 |
16,300 |
- |
18,100 |
PATNA |
- |
- |
- |
- |
- |
DELHI |
- |
- |
- |
- |
- |
GHAZIABAD |
- |
- |
20,000 |
- |
- |
AHMEDABAD |
16,900 |
17,000 |
- |
- |
- |
DURGAPUR |
18,200 |
- |
18,000 |
- |
20,000 |
JAMMU |
- |
- |
- |
- |
- |
KANPUR |
19,200 |
19,200 |
19,000 |
- |
- |
INDORE |
20,500 |
20,500 |
- |
- |
20,300 |
Source: Compilation from various sources & ISMW data