Scrap and Metal News

Metal News
Metals down on global cues 02-05-2010
Mumbai, Feb. 4 Metals reacted downwards on the non- ferrous metal market on Thursday due to heavy stockists selling following bearish trend in London Metal Exchange ( LME). ...more

Hind Zinc cuts product prices 02-05-2010
New Delhi, Feb. 4 Hindustan Zinc Ltd cut zinc prices by Rs 9,600 a tonne to Rs 1,17,700, a company circular said. Lead prices were cut by Rs 4,200 to Rs 1,22,000 a ...more

Copper steady as Chinese demand weighs 02-05-2010
London, Feb. 4 Volatile copper was flat on Thursday as a firm dollar and concerns about economic recovery and demand from top consumer China weighed, while falls in inventory ...more

Malaysia tin up $290/tone 02-04-2010
Kuala Lumpur, Feb. 3 The local tin market closed higher on Wednesday, and the trading volume rose compared with Tuesday. Tin price on the Kuala Lumpur tin market increased $290 to close at $16,640 a ...more

Copper climbs on expectation of rising OECD demand 02-04-2010
Reuters London, Feb. 3 Copper rose 1.5 per cent on Wednesday, as improving US economic data boosted investors’ confidence that OECD demand for industrial metals could start to pick up. Copper for ...more

Malaysia tin down $ 1450/ tonne 02-03-2010
The local tin market closed lower on Tuesday, but the trading volume remained unchanged compared with last Friday. Tin price on the Kuala Lumpur tin market declined $ 1450 ...more

Fund buying boosts metal prices on LME 02-03-2010
London, Feb. 2 Copper rose on Tuesday, reversing earlier losses, as fund buying helped offset worries over rising inventories and further monetary tightening in China. By ...more

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Rubber News
Spot rubber prices improve 02-04-2010
Kottayam, Feb. 3 Spot rubber strengthened on Wednesday. Positive reports from the domestic and global futures and the absence of quantity sellers in the main marketing centres added fuel to the ...more

Spot rubber prices improve 02-03-2010
Kottayam, Feb. 2 Spot rubber rates improved on Tuesday. Moderate gains in the domestic rubber futures and positive reports from most of the leading international markets catalysed the sentiments. ...more

Mixed trend in rubber 02-02-2010
Kottayam, Feb. 1 Physical rubber prices showed a mixed trend on Monday. A bullish mood in the domestic futures kept sheet rubber firm and the grade improved to Rs 132 from Rs 131.50 on covering ...more

Spot rubber rules steady 01-31-2010
Kottayam, Jan. 30 Spot rubber prices were unchanged on Friday. Marginal losses in the domestic rubber futures did not make any visible impact on the physical prices and most of the players seemed to ...more

Spot rubber rules weak 01-29-2010
Kottayam, Jan. 28 Spot rubber weakened on Thursday. Further falls in the international and domestic futures continued to dampen the market mood and the prices surrendered mainly on selling from ...more

Spot rubber turns weak 01-28-2010
Kottayam, Jan. 27 Physical rubber prices turned weak on Wednesday. Declines in the domestic and international rubber futures hammered the sentiments, while the market made all-round declines mainly ...more

Spot rubber turns weak 01-28-2010
Kottayam, Jan. 27 Physical rubber prices turned weak on Wednesday. Declines in the domestic and international rubber futures hammered the sentiments, while the market made all-round declines mainly ...more

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