Scrap and Metal News

Metal News
Metals recover on global cues 11-07-2009
Mumbai, Nov. 6 Metal prices recovered mildly on the non-ferrous metal market on Friday on good stockists' offtake amidst positive global cues. Nickel rose by Rs 5 a kg to Rs 955 and tin moved up by ...more

China cobalt up on speculation 11-07-2009
Shanghai, Nov. 6 Prices of cobalt in Shanghai rose 4 per cent from a week earlier mostly due to market speculation and in spite of abundant supplies, industry officials said on Friday. Battery ...more

Malaysia tin up $40/tonne 11-07-2009
Kuala Lumpur, Nov. 6 The local tin market closed higher on Friday, but the trading volume dropped compared with Thursday. Tin price on the Kuala Lumpur tin market increased $40 to close at $14,890 a ...more

Indonesia coal prices firm on China, India demand No physical trades on the globalCOAL platform this week 11-07-2009
Spot requirement from China has helped support prices of high-calorie coal. Reuters Jakarta, Nov. 6 Indonesian coal prices firmed this week, supported by strong demand from Chinese and Indian ...more

Copper rises, but inventories cap gains 11-07-2009
London, Nov. 6 Copper rose around 1 per cent on Friday, but rising inventories amplified demand concerns to restrict gains. By 1100 GMT, copper for three-month delivery on the London Metal ...more

Nalco raises product prices 11-06-2009
New Delhi, Nov. 5 National Aluminium Co Ltd increased prices of aluminium products by Rs 1,000 a tonne reflecting the recent uptrend in prices on the London Metal Exchange, Director Finance, Mr B.L. ...more

Malaysia tin up $60/tonne 11-06-2009
Kuala Lumpur, Nov. 5 The local tin market closed higher on Thursday, and the trading volume rose compared with Wednesday. Tin price on the Kuala Lumpur tin market increased $60 to close at $14,850 a ...more

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Rubber News
Spot rubber rules steady 11-07-2009
Aravindan Kottayam, Nov. 6 Spot rubber finished unchanged on Friday. The market was quiet and neutral as most traders preferred to stay back waiting for a positive signal from the major consuming ...more

Mixed trend in spot rubber 11-06-2009
Kottayam, Nov. 5 Spot rubber showed a mixed trend on Thursday. The major consuming industries continued to remain inactive and the market finished flat in most of the grades in a dull and inactive ...more

Spot rubber rules steady 11-05-2009
Kottayam, Nov. 4 Spot rubber rates continued to remain unchanged on Wednesday. The major consuming industries were totally inactive during the past few sessions and the market once again lost its ...more

Spot rubber prices unchanged 11-04-2009
Kottayam, Nov. 3 Spot rubber closed unchanged on Tuesday. According to sources the market lost its direction as the domestic rubber futures slipped shedding the initial gains on late trades on NMCE. ...more

Mixed trend in spot rubber 11-03-2009
Kottayam, Nov. 2 Physical rubber prices witnessed a mixed trend on Monday. The undercurrent appeared weak following the sharp declines in the Japanese markets. Sheet rubber slipped to Rs 109.50 from ...more

Spot rubber rules steady 10-31-2009
Kottayam, Oct. 30 Physical rubber prices finished almost steady on Friday. The market opened better following the bullish international indices but lost strength towards closing hours lacking solid ...more

Spot rubber rules firm 10-29-2009
Kottayam, Oct. 28 The spot rubber market finished unchanged on Wednesday. A marginal improvement in the domestic rubber futures on NMCE failed to catalyse the sentiments as most of the traders ...more

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