Mumbai Metal Scrap Prices: Copper, Zinc, Aluminium, Brass, Lead.
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 15th MARCH 2025 COPPER PRICES(Rs./-Kg) BRASS PRICES(Rs./-Kg) Armature Scrap 830 […]
Kolkata Metal Scrap Prices: Copper, Alumnium, Zinc, Nickel, Lead.
Staying updated with Kolkata metal scrap prices is vital for traders, recyclers, and manufacturers who want to navigate the ever-changing scrap metal market in the city. As one of India’s key trading hubs for metal scrap, the prices in Kolkata fluctuate regularly, influenced by local market conditions, international price trends, and demand from various industries. […]
Silver Prices Update: Silver Fall Amid Rising U.S. Treasury Yields
Silver Prices Update: prices fell sharply by 2.15% to ₹90,513, influenced by a surge in U.S. 10-year Treasury yields, reaching a high of 4.8%, and strong U.S. labor market data. Technical Overview:
Gold Prices Decline Amid Strong U.S. Economic Data
Gold prices update: prices dipped 0.33% to settle at ₹78,166, weighed down by robust U.S. jobs data and a stronger dollar, which tempered expectations of aggressive Federal Reserve rate cuts. Technical Overview:
Zinc Prices Update: Stability Amid Mixed Signals
Zinc prices update: prices held steady at ₹273.05, as market dynamics balanced between a strong U.S. dollar and optimism around China’s economic stimulus measures.
Copper Market Update: Steady Gains Amid Optimism
Copper Market update: prices rose by 0.27%, settling at ₹828.25, driven by growing optimism about China’s economic recovery and global supply concerns.
India’s Steel Demand to Grow by 8-9% in 2025
India’s steel demand is projected to rise by 8-9% in 2025, driven by robust growth in the residential and infrastructure sectors, as well as increased use in engineering, packaging, and other industries. Key Drivers of Growth Concerns About Domestic Supply Despite demand growth, challenges in domestic supply persist: Steel Prices to Rise in 2025? Crisil […]
Indonesian Nickel Output Cuts: A Game-Changer for Prices
Macquarie Group Ltd. warns that significant cuts to Indonesian nickel mine output could lead to a potential shortage in global supply, causing a dramatic upside risk to nickel prices. With Indonesia being the world’s largest nickel producer, any reduction in its output would have major implications for the market. Indonesian Government’s Potential Cuts in Nickel […]
Gold Prices Update: U.S. Jobs Data and Fed Outlook Push Prices Higher in 2025
GOLD PRICES UPDATE: 10-01-2025 Gold prices per kg rose by 0.46% to ₹78,104, primarily driven by weaker-than-expected U.S. private employment data for December. The ADP National Employment report revealed a rise of 122,000 private-sector jobs, falling short of the forecast of 140,000. Additionally, the jobless claims were recorded at 201,000, lower than anticipated, signaling a […]
Silver Prices Update: Economic Factors and Future Projections
SILVER PRICES UPDATE: 10-01-2025 Silver prices per kg gained 0.85% to settle at ₹91,711, fueled by safe-haven demand as markets assessed the Federal Reserve’s cautious stance on rate cuts and the economic implications of President-elect Donald Trump’s proposed policies. Comments from Fed Governor Christopher Waller, hinting at potential inflation easing in 2025, offered some optimism, […]