Mumbai (bombay), being a significant industrial hub, plays a vital role in the metal scrap trade. The prices for metal scrap fluctuate based on domestic demand, global market trends, and supply chain factors. Here are today’s Mumbai (bombay) Local Metal scrap prices:


BOMBAY METAL RATES
21 JANUARY 2025
COPPERPRICES(Rs./-Kg)BRASSPRICES(Rs./-Kg)
Armature Scrap781Honey Scrap524
Cable Scrap804Bartan Scrap535
Heavy Scrap788Gun Metal Scrap595
Bartan SCRAP735Sheet Cutting Scrap572
CC Rod849
CCR Rod804
ALUMINIUMPRICES(Rs./-Kg)INGOTPRICES(Rs./-Kg)
Ingot261Lead Ingot181
Rod {9.5}279Zinc Ingot281
Wire Scrap227Tin Ingot2692
Bartan Scrap197Nickel Cathode1405
Extrusion Scrap210
MINOR METALPRICES(Rs./-Kg)
Cobalt2030
Cadmium457
Silicon152
Antimony4100
Manganese168
Magnesium216
BOMBAY LOCAL METAL RATES

21 JANUARY 2025
LEAD [REFINED]PRICES(Rs./-Kg)ZINC INGOTPRICES(Rs./-Kg)
Bhiwadhi178+Hindustan Zinc282+
Indore178+Korea Zinc281+
Vedanta192+Japan Zinc281+
NICKELPRICES(Rs./-Kg)FERRO ALOYSPRICE(Rs./-Kg)
Uncut1390+Fe Vanadium (50%)1100+
Briquet1390+Fe Niobium (65%)2625+
4×41400+HC Fe Manganese75+
Falcon1415+HC Fe Chrome (60%)90+
TIN INGOTPRICE(Rs./-Kg)SILICONPRICE(Rs./-Kg)
Tin Ingot2650+553 Grade146+
442 Grade155+
MINOR METALSPRICE(Rs./-Kg)
Cobalt {CHINA}1980+
Cobalt {MOROCCO}2050+
Bismuth1060+
Arsenic85+
Cadmium450+
Selenium2450+
Antimony3600+

We also provide rates for other cities.:-

Factors Affecting Metal Scrap Prices in Mumbai

  • Global Metal Price Trends: International markets heavily influence domestic scrap rates, with fluctuations depending on supply and demand.

  • Industrial Demand: Bombay active manufacturing and construction sectors drive the demand for various types of local metal scrap, impacting price movements.

  • Export and Import Dynamics: Changes in trade policies, tariff adjustments, and global economic conditions shape the scrap market.

  • Availability and Stock Levels: Fluctuations in stock levels or availability from recyclers directly impact pricing trends in Mumbai.


Why Track Mumbai Local Metal Scrap Prices?

  • To Negotiate Better Deals: Sellers and buyers can gain an edge by knowing the latest prices and negotiating accordingly.

  • To Maximize Profits: Keeping updated on bombay local metal scrap rates can help recyclers and manufacturers enhance profit margins.

  • Informed Decision Making: Businesses rely on accurate pricing to decide when to sell, buy, or store scrap metal.

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