Scrap prices showed volatile trends in various Indian markets in the week ending March 26 amid low offtake by end-users.
Prices were down in Bhilai, Muzaffarnagar, Mumbai and Ghaziabad, among others, by Rs 200-500 per ton. There, however, was an increase in Mandi Gobindgarh, Alang, Ludhiana, Jaipur, Ahmedabad, Durgapur and Indore in the range of Rs 200-1000 per ton.
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 |
Weekly changes |
26-Mar-16 |
25-Mar-16 |
19-Mar-16 |
25-Feb-16 |
27-Sep-15 |
||
MANDI GOBINDGARH |
19,900 |
19,700 |
19,150 |
19,900 |
20,200 |
▲ |
KOLKATA |
- |
- |
- |
- |
- |
⇔ |
ALANG SCRAP YARD |
17,100 |
16,500 |
16,300 |
- |
18,700 |
▲ |
LUDHIANA |
22,600 |
22,100 |
21,600 |
22,000 |
22,700 |
▲ |
JAIPUR |
19,200 |
18,500 |
- |
19,000 |
22,000 |
NA |
BHILAI |
17,600 |
17,800 |
17,800 |
18,000 |
19,500 |
▼ |
MUZAFFARNAGAR |
19,650 |
- |
19,900 |
- |
22,200 |
▼ |
MUMBAI |
15,500 |
- |
15,800 |
- |
18,000 |
▼ |
PATNA |
- |
- |
- |
- |
- |
⇔ |
DELHI |
- |
- |
- |
- |
- |
⇔ |
GHAZIABAD |
20,000 |
- |
20,500 |
- |
- |
▼ |
AHMEDABAD |
16,800 |
- |
16,000 |
15,400 |
- |
▲ |
DURGAPUR |
18,300 |
- |
18,000 |
- |
20,000 |
▲ |
JAMMU |
- |
- |
- |
- |
- |
⇔ |
KANPUR |
- |
- |
19,100 |
- |
- |
NA |
INDORE |
20,100 |
- |
19,900 |
- |
20,300 |
▲ |
Source: Compilation from various sources & ISMW data