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Nickel Futures Prices Fell by 0.47% to INR 963 Per Kg

Dec 12, 2012

The Indian Express reported that nickel futures prices fell by 0.47% to INR 963 per kg, tracking a weakening trend in base metals in the global markets amid subdued domestic demand. At the Multi Commodity Exchange, nickel for delivery in ...

Tags: nickel, scrap metal prices, financial markets, currency markets

The Indian Aluminum Cash Price Increased 0.4%

Dec 12, 2012

Metal Miner reported that rising 2.7% the cash price of primary aluminum experienced the biggest change on the LME for November 30th 2012. After a 2.6% increase, the aluminum 3 month price finished the day. The Indian aluminum cash price ...

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Bangladesh Was Caught Somewhere in The Middle

Dec 12, 2012

With China down and India appearing to reach some sort of stability, Bangladesh was caught somewhere in the middle, picking up vessels that were either diverted from West Coast India, or those discharging in East Coast India/Chittagong ...

Tags: scrap metal prices, scrap yards, steel scrap buyers, scrap recycling

Indonesia Accounts for Roughly 7% of The World's Total Nickel Mine Output

Dec 12, 2012

An employee works in a ferronickel smelter owned by state miner Aneka Tambang in the Pomala district in Indonesia's South Sulawesi province. The country accounts for roughly 7% of the world's total nickel mine output. Picture: REUTERS ...

Tags: nickel, copper mining news, jobs in mining, scrap metal prices

Copper Traded Higher by 0.67% at Inr 447.50 Per Kilogram in Futures Trade

Dec 12, 2012

ET reported that Buoyed by a firm global trend and pick up in domestic demand copper traded higher by 0.67% at INR 447.50 per kilogram in futures trade. At the Multi Commodity Exchange, copper for delivery in April traded higher by INR 3 ...

Tags: scrap metal prices, scrap copper, copper market, copper price

LME Aluminum Continued to Drift Higher Last Friday Buoyed by Positive Economic Data in USA

Dec 12, 2012

Shanghai Metals Market reported that LME aluminum continued to drift higher last Friday buoyed by positive economic data in Europe and the US. LME aluminum briefly dipped to an intraday low of USD 2,057 per tonne after opening at USD 2,060 ...

Tags: scrap metal prices, iron ore price news, scrap copper, aluminum