Staying updated on the metal scrap rate today is essential for maximizing profits in the scrap metal business. The prices of metals like steel, copper, and aluminium fluctuate based on global demand, supply, and market trends. As of September 16, 2024, here are the latest metal scrap rates:
Current Metal Scrap Prices:
- Copper Scrap: ₹794+ per kg
- Aluminium purja Scrap: ₹174+ per kg
- Brass Scrap: ₹523 per kg
Factors Affecting the Metal Scrap Rate Today:
- Global Market Demand: The demand for scrap metal in key industries such as construction and manufacturing continue to drive prices up.
- Supply Chain Disruptions: Shortages in supply chains due to logistical issues have pushed scrap metal prices higher.
- Geopolitical Tensions: Ongoing geopolitical tensions have affected the availability of raw materials, contributing to fluctuations in today’s metal scrap rates.
How to Stay Informed:
For the latest and most accurate updates on the metal scrap rate today, visit Shree Metal Prices daily. We provide real-time pricing, in-depth analysis, and insights to help you make informed decisions.