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Metal Price Monitor - October 2024

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0% found this document useful (0 votes)
279 views19 pages

Metal Price Monitor - October 2024

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aayubackup104
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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EEPC India has been providing the EEPC Metal Price Monitor to its members to keep them updated

of the monthly
metal price fluctuation around the world. The monitor includes both domestic and international prices of steel and
other non-ferrous metals. The sources of the price information are mentioned in appropriate places to intimate
members from where the prices have been taken.

SAIL Prices (incl. GST) for TMT – SeQR TMT Bar– October 2024
[Rs. per price]

State District 8 MM 10 MM 12 MM 16 MM 20 MM 25 MM
Kolkata 374 570 814 1445 2259 3530
Howrah 374 570 814 1445 2259 3530
WEST BENGAL Bardhaman Purba &
Pashim 374 570 814 1445 2259 3530
Darjeeling - - - - - -
Cuttack 373 569 812 1442 2254 3522
Ganjam 373 569 812 1442 2254 3522
ODISHA Nabarangapur 373 569 812 1442 2254 3522
Sundergarh 373 569 812 1442 2254 3522
Patna 374 571 815 1447 2262 3535
BIHAR Bhagalpur 374 571 815 1447 2262 3535
Jehanabad 374 571 815 1447 2262 3535
Bokaro 374 571 815 1447 2262 3535
JHARKHAND Dhanbad 374 571 815 1447 2262 3535
Ranchi 374 571 815 1447 2262 3535
ASSAM Dibrugarh 388 580 828 1470 2298 3591
TRIPURA Tripura 403 603 862 1530 2392 3739
DELHI Delhi 368 562 801 1422 2223 3474
HARYANA Faridabad 368 562 801 1422 2223 3474
Ajmer 369 562 803 1426 2229 3483
Bikaner 368 563 801 1422 2223 3474
RAJASTHAN Jaipur 369 562 803 1426 2229 3483
Kota 369 562 803 1426 2229 3483
Aligarh 368 562 801 1422 2223 3474
Allahabad 373 569 811 1440 2251 3517
Ghaziabad 368 562 801 1422 2223 3474
UTTAR
Jhansi 373 569 811 1440 2251 3517
PRADESH
Kanpur 373 569 811 1440 2251 3517
Lucknow 373 569 811 1440 2251 3517
Varanasi 373 569 811 1440 2251 3517
Amritsar 368 562 801 1422 2223 3474
PUNJAB Barnala 368 562 801 1422 2223 3474
Jalandhar 368 562 801 1422 2223 3474
Ludhiana 368 562 801 1422 2223 3474
State District 8 MM 10 MM 12 MM 16 MM 20 MM 25 MM
CHANDIGARH Chandigarh 368 562 801 1422 2223 3474
JAMMU & Jammu 373 569 811 1440 2251 3517
KASHMIR Srinagar 373 569 811 1440 2251 3517
Ahmedabad 367 559 798 1417 2215 3461
GUJARAT Anand 367 559 798 1417 2215 3461
Gandhinagar 367 559 798 1417 2215 3461
Bhopal 366 557 795 1411 2206 3448
Gwalior 373 569 811 1440 2251 3517
MADHYA
Indore 366 557 795 1411 2206 3448
PRADESH
Jabalpur 366 557 795 1411 2206 3448
Morena 373 569 811 1440 2251 3517
Durg 359 547 781 1387 2168 3387
CHHATTISGARH Raipur 359 547 781 1387 2168 3387
Raigarh 373 569 812 1442 2254 3522
Bengaluru 371 565 809 1435 2244 3507
KARNATAKA Hassan 371 565 809 1435 2244 3507
Mysore 371 565 809 1435 2244 3507
Guntur 373 568 812 1441 2253 3520
ANDHRA
Kurnool 373 568 812 1441 2253 3520
PRADESH
Vishakhapatnam 372 567 812 1441 2253 3520
Chennai 378 576 824 1462 2285 3571
Coimbatore 378 576 824 1462 2285 3571
TAMIL NADU Madurai 378 576 824 1462 2285 3571
Salem 378 576 824 1462 2285 3571
Ernakulam 377 575 822 1460 2282 3567
Thrissur 377 575 822 1460 2282 3567
KERALA
Thiruvananthapuram 377 575 822 1460 2282 3567
Wayanad 378 576 824 1462 2285 3571
Almora 368 563 801 1422 2223 3474
Chamoli 368 563 801 1422 2223 3474
UTTARKHAND Dehradun 368 563 801 1422 2223 3474
Haridwar 368 563 801 1422 2223 3474
Nainital 368 563 801 1422 2223 3474
Hyderabad 373 568 812 1441 2253 3520
Janagaon 373 568 812 1441 2253 3520
TELANGANA
Karim Nagar 373 568 812 1441 2253 3520
Nalgonda 373 568 812 1441 2253 3520
Chamba 373 569 811 1440 2251 3517
Kangra 373 569 811 1440 2251 3517
HIMACHAL
Kullu 373 569 811 1440 2251 3517
PRADESH
Mandi 373 569 811 1440 2251 3517
Shimla 368 562 801 1422 2223 3474
Following prices are obtained from Joint Plant Committee.
Average Prices (As on 15-10-2024) Caution: These prices are not actual market prices,the average price is
calculated as per the methodology prepared by the committee constituted by members from SAIL, ERU && JPC.
(Rs. Per tonne)
ITEM Kolkata Delhi Mumbai Chennai
Pig Iron 46100 47560 56050 NA
Billets 100 mm 47100 52160 52280 64550
Blooms 150x150 mm 48900 NA 52510 NA
Pencil Ingots 44900 52080 50980 NA
Wire Rods 6 mm 57140 NA NA 63610
Wire Rods 8 mm 56840 NA NA 63130
Rounds 12 mm 53300 62180 61650 60100
Rounds 16 mm 53800 62210 61650 60100
Rounds 25 mm 53800 62210 61650 60100
TMT 10mm 53910 62500 59440 59780
TMT 12mm 53700 60490 59000 58980
TMT 25mm 54920 61320 59000 58980
Angles 50x50x6mm 59600 60600 61430 60510
Angles 75x75x6mm 58680 60750 61590 60350
Joists 125x70 mm 57270 61950 61400 61530
Joists 200x100 mm 58620 62240 61800 61640
Channels 75x40mm 59990 61450 62210 60840
Channels 150x75mm 59350 61580 61880 61150
Plates 6mm 57820 58000 58920 60220
Plates 10mm 58200 58000 58920 60220
Plates 12mm 58200 58950 58920 60220
Plates 25mm 58830 60540 59510 64550
HR Coils 2.00mm 58920 60770 58860 61660
HR Coils 2.50mm 58010 59590 58860 60370
HR Coils 3.15mm 57930 59500 58860 60370
C.R. Coils 0.63mm 69580 66380 67330 72280
C.R. Coils 1.00mm 68120 69230 66450 73460
GP Sheets 0.40mm 77270 75130 73570 78180
GP Sheets 0.63mm 75270 71390 68680 77000
GC Sheets 0.40mm 78190 76110 75760 78180
GC Sheets 0.63mm 76520 72380 71040 80540
Melting Scrap H M S-I 40140 40830 37610 41300
Melting Scrap H M S-II 38800 40600 37300 39420
Sponge Iron (Coal Based) 30700 38120 39240 32890

(Source : Joint Plant Committee)

 All Prices are in Rs/Tonne and has been compiled on the basis of average of Main & Secondary producers’
price.
 Prices are inclusive of GST.
 Prices are indicative
 The indicative market price is calculated as per the methodology prepared by the committee constituted by
members from SAIL, ERU & JPC.
COMPARISON OF JPC MARKET PRICE (RETAIL) BETWEEN OCTOBER 2024 & SEPTEMBER 2024
September 2024 October 2024 COMPARISON [October’24− September’24]
ITEM
Kolkata Delhi Mumbai Chennai Kolkata Delhi Mumbai Chennai Kolkata Delhi Mumbai Chennai
Pig Iron 38210 45200 57470 NA 46100 47560 56050 NA 7890 2360 -1420 NA
Billets 100 mm 44130 48270 51810 61010 47100 52160 52280 64550 2970 3890 470 3540
Blooms 150x150 mm 47500 NA 51330 NA 48900 NA 52510 NA 1400 NA 1180 NA
Pencil Ingots 42380 48190 48550 NA 44900 52080 50980 NA 2520 3890 2430 NA
Wire Rods 6 mm 55640 NA NA 63610 57140 NA NA 63610 1500 NA NA 0
Wire Rods 8 mm 54640 NA NA 63250 56840 NA NA 63130 2200 NA NA -120
Rounds 12 mm 51500 56720 58280 59760 53300 62180 61650 60100 1800 5460 3370 340
Rounds 16 mm 52000 57280 58280 59760 53800 62210 61650 60100 1800 4930 3370 340
Rounds 25 mm 52000 57280 58280 59760 53800 62210 61650 60100 1800 4930 3370 340
TMT 10mm 53850 57880 55810 58780 53910 62500 59440 59780 60 4620 3630 1000
TMT 12mm 53690 55870 55370 58190 53700 60490 59000 58980 10 4620 3630 790
TMT 25mm 54160 56700 55370 58190 54920 61320 59000 58980 760 4620 3630 790
Angles 50x50x6mm 57700 59210 57890 58370 59600 60600 61430 60510 1900 1390 3540 2140
Angles 75x75x6mm 56850 58660 57460 58210 58680 60750 61590 60350 1830 2090 4130 2140
Joists 125x70 mm 57220 58810 58400 58960 57270 61950 61400 61530 50 3140 3000 2570
Joists 200x100 mm 56670 59530 58330 61640 58620 62240 61800 61640 1950 2710 3470 0
Channels 75x40mm 57640 59770 58640 58690 59990 61450 62210 60840 2350 1680 3570 2150
Channels 150x75mm 56780 58770 58380 59010 59350 61580 61880 61150 2570 2810 3500 2140
Plates 6mm 57390 56590 58330 60220 57820 58000 58920 60220 430 1410 590 0
Plates 10mm 57840 56700 58330 60220 58200 58000 58920 60220 360 1300 590 0
Plates 12mm 58570 57710 58330 60220 58200 58950 58920 60220 -370 1240 590 0
Plates 25mm 59170 59240 60690 64550 58830 60540 59510 64550 -340 1300 -1180 0
HR Coils 2.00mm 58210 59400 58860 61790 58920 60770 58860 61660 710 1370 0 -130
HR Coils 2.50mm 57760 58410 58270 60370 58010 59590 58860 60370 250 1180 590 0
September 2024 October 2024 COMPARISON [October’24− September’24]
ITEM
Kolkata Delhi Mumbai Chennai Kolkata Delhi Mumbai Chennai Kolkata Delhi Mumbai Chennai
HR Coils 3.15mm 57510 58020 58270 60370 57930 59500 58860 60370 420 1480 590 0
C.R. Coils 0.63mm 67070 68840 67920 72280 69580 66380 67330 72280 2510 -2460 -590 0
C.R. Coils 1.00mm 65990 69030 67330 73460 68120 69230 66450 73460 2130 200 -880 0
GP Sheets 0.40mm 77340 73160 72390 78180 77270 75130 73570 78180 -70 1970 1180 0
GP Sheets 0.63mm 75340 69030 68090 77000 75270 71390 68680 77000 -70 2360 590 0
GC Sheets 0.40mm 78340 74050 73990 78180 78190 76110 75760 78180 -150 2060 1770 0
GC Sheets 0.63mm 76670 69920 69860 80540 76520 72380 71040 80540 -150 2460 1180 0
Melting Scrap H M S-I 36670 37060 36700 42210 40140 40830 37610 41300 3470 3770 910 -910
Melting Scrap H M S-II 35670 36820 37700 40830 38800 40600 37300 39420 3130 3780 -400 -1410
Sponge Iron (Coal
Based)
29250 35170 33990 31270 30700 38120 39240 32890 1450 2950 5250 1620

NOTE:

1) All prices are in Rs./ Tonne and has been compiled on the basis of average of Main & Others producers' price.
2) Prices are inclusive of GST.
3) All prices are as on day 16 of this month.
4) Prices are indicative.
5) Prices have been rounded up to the nearest ten.
6) Price for Blooms 150X150MM was not available in Chennai.
Carbon Steel
A 516 GR 70: 8 to 40 mm 46
SA 516 GR 45 to 63 mm 68
SA 516 GR 65 to 90 mm 64
S335j2G3 8 to 400 mm 54
IS 2062 S355, J2 66

Stainless Steel Sheets / Coils


SA 240 Type 304: 1 mm to 3 mm (CR) 198 SA 240 Type 316: 14, 32 mm 260
SA 240 Type 304: 4 mm to 12 mm (HR) 184 SA 240 Type 321: 6 to 12 mm 272
SA 240 Type 304: 13 mm to 100 mm (HR) 194 SA 240 Type 321 : 14 to 20 mm 260
SA 240 Type 316L: 3 mm to 12 mm (CR) 304 SA 240 : 304 H 160
SA 240 Type 316L: 12 mm to 100 mm (HR) 316 SA 240 – 347 H 202
SA 240 Type 316L: 1 mm to 3 mm (CR) 336 SA 240-317 L 289
SA 240 Type 316: 4 mm to 12 mm 340 SA 240 Type 321: above 20 mm 188

Special Steel
Titanium: Grade 2 1,782
Titanium: Grade 5 2,000
Duplex : 2205 645
Inconel 600 2,780
Incoloy 904 988
Monel 400 2,580
Haste Alloy : B -
Haste Alloy G -
Haste Alloy C 3,180

PRIMARY METERIAL & SEMI- FINISHED PRODUCTS


Indicative Basic Rate Rs. Per Tonne (August’2024)
Weekly Average
02.08.2024 09.08.2024
Finish Flat
ERW Pipes (HR Coil based) (Punjab) 55,000 55,000
ERW Pipes (Patra based) (Punjab) 44,000 44,000
Finish Long
Rebar 12-25 mm Induction IS 1786-500 Fe (Pune) 50,000 50,000
Wire Rod : 5.5-6 mm SAE 1008 (Coimbatore) 55,000 55,000
Wire Rod : 5.5 mm Induction route SWRY 14 LC Gr3 (Raipur) 42,000 42,000
Binding Wire 20 Gauge (Raipur) 51,000 51,000
HB Wire - 12 Gauge (Raipur) 45,000 45,000
Billets (Raipur) 38,000 38,000
Structural - Chennai (75*40 Channel) (Pune) 49,000 49,000
Structural - Beam 125*70 I-Bean (Durgapur) 44,800 44,000
Iron Ore Lump – 10-40 mm Fe 67% DR (Chattisgarh) 5,200 5,200
SSLNM/Q, CR, Thickness - 1.2 MM 108
SSLNM/Q, HR, Thickness - 3 MM 90
SSLNB, HR, Thickness - 3 MM 94
SSLNB, HR, Thickness – 3-8 MM 88
SSLNA, CR, Thickness - 1.2-3 MM 153
204CU, HR, Thickness – 3-8 MM 130
304/L, CR, Thickness –1.20 MM 164
304/L, HR, Thickness - 3 MM 156
304CK, CR, Thickness –1.2 MM 384
304CK, HR, Thickness –3-8 MM 257
409M, HR, Thickness – 3-8 MM 89
409L, CR, Thickness - 1.2 MM 93
409L, CR, Thickness - 3 MM 85
409L, HR, Thickness - 3-8 MM 90
316L, CR 300
316L, HR 86
304 Sq. Bar 184
304 Sq Round Bar 162
316L Round Bar 284
316L Round Bar 290
SS 410 82
SS 420 86
SS 431 96
SS 431 140
Note: Correction in 316L Round Bar Quarterly Average from July, August & September is Rs. Rs.105

Variety
Ferro Silicon 70/75 112.00
Ferro Manganese 70/75 79.00
High Ferro Manganese (78% Mn) 91.00
Import Low Sulp.: (max 1.5%) Cal Petro.Coke 98% 27.00
Calcined Petroleum, Coke (0-4 mm) (Indian Market) 52.00
High Carbon Ferro chrome 128.00
Domestic Steel Prices

Ferro Alloys & Minor Metals - Mumbai Market (Basic Price in Kgs) as on 18/10/2024

Ferro Molybdenum 60% 2700 Ferro Chromium (Cr.60%) Low Carbon 232
Pure Molybdenum 5400 Ferro Chromium (Cr.75%) Low Carbon 300
Nitrated FeCr. 355 Ferro Chromium High Carbon 60 to 65% 124
Ferro Silicon (70-75%) 112 Ferro Tungsten 70% 2600
Molybdenum Oxide 62 to 63% 2600 Pure Tungsten 99% 3200
Ferro Boron 290 Ferro Vanadium 50 % 1250
Ferro Manganese HC 82 Chromium 99.9% 800
Ferro Manganese MC 120 Pure Silicon (2202 Grade) 195
Ferro Silicon Zirconium 240 Cobalt Chip 99.9% 2400
Ferro Silicon Calcium 165 Magnesium 99.9% 248
Pure Manganese ELC 99.9% 200 Manganese 99.8% 200
Ferro Phosphorous 55 Bismuth 99% 1080
Ferro Titanium 30/35 % 220 Silico Manganese 140
Ferro Titanium 70/75 % 450 Ferro Silicon Mangnesium 216
Steel Shots 70 Selenium Metal 2450
Inoculant 2-6 mm 303 Ferro Sulphur 30% 50
Graphite Petroleum coke 0.5 to 1 mm 80 Manganese Boron 1250

Stainless Steel Scrap : Mumbai Market


[18.10.2024] (Basic Price : Rs. Per Kgs.)

Products Description Industrial Foundry Scrap Products Description Industrial Foundry Scrap
Scrap (Unprocessed) Scrap (Unprocessed)
Stainless Steel - 304 117 120 Stainless Steel - 410 40 44
(11.5% chromium)
Stainless Steel - 304 L - 131 Stainless Steel - 430 44 55
(16% chromium)
Stainless Steel - 316 220 235 Stainless Steel - 2205 - 255
Stainless Steel - 316 L - 250 Stainless Steel - 2507 - 385

Indicative Prices of Flat Products (exclusive of GST)


Mumbai/Ex-Kalamboli (Rs./Ton: as on 18th October, 2024)
Plates 5 mm 53,000 Plates 25 mm to 32 mm 53,000 HR Sheet 14G 44,000
Plates 6 mm 53,000 Plates 40 mm to 50 mm 53,000 HR Sheet 16G 44,000
Plates 8 mm 53,000 CR Sheets 14/6G 54,000 ST-52 10mm to 14mm 56,000
Plates 10 mm 53,000 CR Sheets 18G 54,000 GP Sheet 18G 60,000
Plates 12 mm 53,000 CR Sheet 20G 54,000 GP Sheet 20G 60,000
Plates 16 mm 53,000 HR Sheets 10G 44,000 GP Sheet 22G 60,000
Plates 20 mm 53,000 HR Sheets 12G 44,000 GP Sheet 24G 60,000
Primary Material & Semi-Finished Products
(Open market rates of rerollables) - Mandi Gobindgarh-Punjab
Basic Rate Rs. Per Tonne (F.O.R.)[Additional18% GST as applicable) : Immediate Payment. October’24]

Weekly Average

11.10.2024 18.10.2024
Melting Scraps
Rolling Mill end (Angle/Fish cut) Scrap (MG-Punjab) 39,000 39,200
Rolling Mill end (Angle/Fish cut) Scrap (Pune) 41,000 41,200
Old Scrap Godown (MG-Punjab) 32,200 32,400
Degi Scrap (MG-Punjab) 38,300 38,500
Turning (MG-Punjab) 28,300 28,500
Tin Tapper (MG-Punjab) 27,300 27,500
Sponge Iron (MG-Punjab) 28,300 28,500
Melting Scrap (Regular) (Mumbai/Pune) 38,500 38,700
Heavy Melting Scrap (Mumbai/Pune) (Foundry) 45,000 45,200
Heavy Melting Scrap (Mumbai/Pune) old (Ingot) 41,300 41,500
MS Turning Scrap (Pune) 32,300 32,500
Heavy Melting Scrap (Bhavnagar) (old) 36,000 36,200
Cast Iron Scrap (Bhavnagar) 38,000 38,200
Heavy Melting Scrap (Kolkata) (old) 33,700 33,900
Heavy Melting Scrap (Delhi) (old) 34,700 34,900
Melting Scrap (CRCA-Bundle) LSLP (Mumbai/Pune) 43,700 43,900
Melting Scrap (CRCA-ZN,Al, Coated) Loose - (Pune) 30,300 30,500
Melting Scrap (CRCA) - (Loose) Ahmedabad 35,000 35,200
Melting Scrap (CRCA – Zn, Al, Coated) Loose – (Ahmedabad) 30,500 30,700
Heavy Melting Scrap (Chennai) 41,300 41,500
MS Plate Cutting - Foundry Grade (Chennai) 39,100 39,300
Melting Scrap (CRCA - Zn, Al. Coated) Loose - (Chennai) 29,400 29,600
Melting Scrap (CRCA - Bundle) LSLP (Chennai) 48,000 48,200
Heavy Melting Scrap (80:20) (Chennai) (Ex-Works) 32,000 32,200
Boring Scrap (Bangalore) 30,500 30,700
Raw Material
C.I. Turning (MG-Punjab) 26,000 26,200
Deg Casting (MG-Punjab) 37,000 37,200
Pig Iron SG Grade – A (Pune) 49,500 49,500
Pig iron Foundry Grade - A (Mumbai/Pune) 47,500 47,500
Pig iron Foundry Grade - B (Punjab) 43,500 43,500
Steel Grade (Punjab) 40,500 40,500

MMR quoted Pig Iron price are exclusive of GST & Freight charges.
Note: A*= Low Sulphur/Phosphorus i.e.0.09% Max which is used in Critical automotive engine components and
specialize
casting.
B**= High Sulphur/Phosphorus i.e. above 0.09% which is used in Non-Critical castings.
* MMR's Melting Scrap (CRCA-Bundle) LSLP (Chennai) quoted prices are based on payment of 60 days credit period.

(Source : MMR Weekly)


PRIMARY MATERIAL & SEMI-FINISHED PRODUCTS

(Rs./tonne Exclusive GST)


Commodity Market 04.10.2024 11.10.2024 Commodity Market 04.10.2024 11.10.2024

11.10.2024 18.10.2024

(Source : MMR Weekly)


LME Official Steel Scrap Closing Price [22nd October, 2024]

CONTRACT PRICE US$ Per Ton


Month 1 404.50

Month 2 408.00

Month 3 408.00

Month 6 409.50

Month 12 414.00

Month 15 415.50

(Source : www.lme.com)

International Steel Price Scenario as on October 2024 [As per data provided in September 2024]
HRC
US$/T
Country September 2024 Price October 2024 Price Price Change
India 702 708 6
China (Shanghai) Ex StockVAT - inclusiveWeekly 441.06 488.49 47.43
China FOB Export Price (SAE1006) 474 512 38
Brazil Export FOB 585 555 -30
(-) Implies prices has fallen since September 2024

PICTORIAL REPRESENTATION OF HRC PRICES AROUND THE WORLD

555
Brazil Export FOB

China FOB Export Price (SAE1006) 512

China (Shanghai) Ex Stock VAT-inclusive Weekly


488.49

708

India

0 100 200 300 400 500 600 700 800


CRC
US$/T
Country September 2024 Price October 2024 Price Price Change
India 821 823 2
China (Shanghai) Ex StockVAT - inclusiveWeekly 505.88 581.4 75.52
China Export (FOB Shanghai) 512 575 63
Brazil Export FOB 685 655 -30

(-) Implies prices has fallen since September 2024

PICTORIAL REPRESENTATION OF CRC PRICES AROUND THE WORLD

655
Brazil Export FOB

575
China export (FOB Shanghai )

China (Shanghai) Ex Stock VAT-inclusive


581.4
Weekly

823
India

0 200 400 600 800 1000

WIRE ROD
US$/T
Country September 2024 Price October 2024 Price Price Change
India 706 358 -348
China (Shanghai) Ex StockVAT - inclusiveWeekly 450.93 502.57 51.64
(-) Implies prices has fallen since September 2024

PICTORIAL REPRESENTATION OF WIRE ROD PRICES AROUND THE WORLD

502.57
China (Shanghai) Ex Stock VAT-inclusive
Weekly

358

India

0 100 200 300 400 500 600


BILLET
US$/T
Country September 2024 Price October 2024 Price Price Change
India 611 643 32
China (Shanghai) Ex StockVAT - inclusiveWeekly 417.11 443.44 26.33
(-) Implies prices has fallen since August 2024

PICTORIAL REPRESENTATION OF BILLET PRICES AROUND THE WORLD

443.44
China ( Tangshan)domestic Ex-stock
VAT-inclusive

643

India

0 100 200 300 400 500 600 700

NOTE : Indian prices are converted from the JPC prices of 15 October, 2024 at the IMF Exchange Rate
of 1 US$ = Rs.84.00 (Approx) (Average from 01/10/2024 to 22/10/2024)

** Domestic prices inclusive of GST / VAT;


Prices of HRC / CRC / Wore Rod for the countries North Europe;
South Europe, US Domestic, South East Asia, North America are not available;
International prices of Pig Iron is not available.

(Source : Plattsconnect.spglobal.com)
Non Ferrous Metal Prices

NON-FERROUS METALS : PRODUCER’S PRICES


Aluminium (Updated as on 18/12/2020)
CG Wire EC Alloy
Producer Effective Date CG Ingot EC Ingot
Rod WireRod Wire Rod
National Aluminium Co. Ltd 11/10/2024 251,350* 251,400** 260,350*** 261,650**** 263,450
Hindalco Industries Ltd 14/10/2024 253,500^ 254,000^^ 262,250 267,750^^^ 270,500

Note. 1. Nalco Prices revision in discount structure to Nil w.e.f. : 1.5.2020


* - purity 99.0% to 99.5% ** - 99.S% to 99.799 *** - coniless thori 61% ****- tond.61.5% and ni»ve
^ - purity 99.5% mini ^^ - 99.6% mini. ^^^ - Md.61% mini.
Copper (excl. GST)
MMR Landed prices (excl. GST) Sept.’24 Aug.’24 July’24 June’24
Copper Cathodes (Full) 823,443 789,060 833,540 854,115 4.4
**Continuous Cast Copper Rods 834,003 804,621 844,072 864,633 3.7
Note : Hindustan Copper has stopped providing copper rates since Dec.2020. Hence in place of it MMR Landed rates for Copper are
updated based on Monthly Average rates of LME. The formula is kept same as Hindustan Copper.
Zinc
Hindustan Zinc Ltd 03/10/2024 30/09/2024 27/09/2024 26/09/2024
Prime Western 309,900 303,500 303,500 292,000 2.1
High Grade 311,400 305,000 305,000 293,500 2.1
Special High Grade 311,900 305,500 305,500 294,000 2.1
Prime Western (Bangalore) 311,150 304,750 304,750 293,250 2.1
High Grade 312,650 306,250 306,250 294,750 2.1
Special High Grade 313,150 306,750 306,750 295,250 2.1
Prime Western (Kolkata) 311,150 304,750 304,750 293,250 2.1
High Grade 312,650 306,250 306,250 294,750 2.1
Special High Grade 313,150 306,750 306,750 295,250 2.1
Prime Western (Chennai) 311,150 304,750 304,750 293,250 2.1
High Grade 312,650 306,250 306,250 294,750 2.1
Special High Grade 313,150 306,750 306,750 295,250 2.1
Prime Western (Panvel) 311,150 304,750 304,750 293,250 2.1
High Grade 312,650 306,250 306,250 294,750 2.1
Special High Grade 313,150 306,750 306,750 295,250 2.1
Prime Western (Baroda) 311,150 304,750 304,750 293,250 2.1
High Grade 312,650 306,250 306,250 294,750 2.1
Special High Grade 313,150 306,750 306,750 295,250 2.1
Lead
Hindustan Zinc Ltd [min 99.99%] 03/10/2024 30/09/2024 27/09/2024 26/09/2024
Ex-Smelter:Chanderiya 207,300 208,000 209,000 202,900 -0.3
Bangalore (Stock Points) 208,550 209,250 210,250 204,150 -0.3
Kolkata (Stock Points) 208,550 209,250 210,250 204,150 -0.3
Chennai (Stock Points) 208,550 209,250 210,250 204,150 -0.3
Panvel (Stock Points) 208,550 209,250 210,250 204,150 -0.3
Baroda (Stock Points) 208,550 209,250 210,250 204,150 -0.3

Note: 1. % chg. is of the latest price with respect to the immediately preceding price. 2. The prices of HZL are excluding of GST and other
statutory levies as applicable.
(Source: MMR Weekly)
Non Ferrous Metal Prices

Price of National Aluminium Company Ltd., India


ALUMINIUM ALLOY INGOT (Rs/MT)
Basic Price Ex-Works w.e.f.
Sl.no. Description Product Code
11.10.2024
1 ALUMINIUM ALLOY INGOT IA10 253950
2 ALUMINIUM ALLOY INGOT IA30 254200
3 ALUMINIUM ALLOY INGOT IA40 254850
4 ALUMINIUM ALLOY INGOT IA50 253850
5 ALUMINIUM ALLOY INGOT IA60 254150
6 ALUMINIUM ALLOY INGOT IA70 254850
7 ALUMINIUM INGOT IA80 254650
8 ALUMINIUM INGOT IC20 251350
9 ALUMINIUM INGOT IE07 251650
10 ALUMINIUM INGOT IE10 251600
11 ALUMINIUM INGOT IE20 251400

ALUMINIUM SOW INGOT (Rs/MT)


Basic Price Ex-Works w.e.f.
Sl.no. Description Product Code
11.10.2024
1 ALUMINIUM SOW INGOT SC20 250350
2 ALUMINIUM SOW INGOT SE07 250650
3 ALUMINIUM SOW INGOT SE10 250600

ALUMINIUM T-INGOTS (Rs/MT)


Basic Price Ex-Works w.e.f.
Sl.no. Description Product Code
11.10.2024
1 ALUMINIUM T-INGOTS IT07 250650
2 ALUMINIUM T-INGOTS IT10 250600
3 ALUMINIUM T-INGOTS IT20 250400
4 ALUMINIUM T-INGOTS IT30 250350

ALUMINIUM WIRE RODS (Rs/MT)

Basic Price Ex-Works w.e.f.


Sl.no. Description Product Code
11.10.2024
1 ALUMINIUM ALLOY WIRE ROD WA10 263450
2 ALUMINIUM ALLOY WIRE ROD WA20 264700
3 ALUMINIUM WIRE RODS WC10 260350
4 ALUMINIUM WIRE RODS WC12 260350
5 ALUMINIUM WIRE RODS WE10 261650
6 ALUMINIUM WIRE RODS WE12 261650
7 ALUMINIUM WIRE RODS WE20 261450
8 ALUMINIUM WIRE RODS WE22 261450
9 ALUMINIUM FLIPPED WIRE ROD WF10 264150
10 ALUMINIUM FLIPPED WIRE ROD WF12 264150
11 ALUMINIUM FLIPPED WIRE ROD WF20 263950
12 ALUMINIUM FLIPPED WIRE ROD WF22 263950
13 ALUMINIUM FLIPPED WIRE ROD WF30 262850
14 ALUMINIUM FLIPPED WIRE ROD WF32 262850
ALUMINIUM BILLETS (Rs/MT)
Sl.no. Description Product Basic Price Ex-Works w.e.f 11.10.2024
Code Diameter (in mm)
127 152 178/203/229/254
1 ALUMINIUM BILLETS CH10 260050 258550 256050
2 ALUMINIUM BILLETS CH90 260300 258800 256300
3 ALUMINIUM BILLETS CN01 261300 259800 257300
4 ALUMINIUM BILLETS CH05 260050 258550 256050
5 ALUMINIUM BILLETS CH11 260050 258550 256050
6 ALUMINIUM BILLETS CH16 260050 258550 256050
7 ALUMINIUM BILLETS CH20 260050 258550 256050
8 ALUMINIUM BILLETS CH50 260050 258550 256050
9 ALUMINIUM BILLETS CH60 260050 258550 256050
10 ALUMINIUM BILLETS CH61 261200 259700 257200
11 ALUMINIUM BILLETS CH63 259800 258300 255800
12 ALUMINIUM BILLETS CH64 260050 258550 256050
13 ALUMINIUM BILLETS CH65 259800 258300 255800
14 ALUMINIUM BILLETS CH70 260050 258550 256050
15 ALUMINIUM BILLETS CH82 260650 259150 256650
16 ALUMINIUM BILLETS CH91 260550 259050 256550
17 ALUMINIUM BILLETS CH62 262450 260950 258450
18 ALUMINIUM BILLETS CH51 261050 259550 257050

ALUMINIUM CHEQUERED SHEET (Rs/MT)

Specification Basic Price


Product Ex-Works
Sl.No. Description Width Length Thickness (in
Code Temper w.e.f.
(in mm) (in mm) mm)
11.10.2024
1 Standard 0.30 to 1.49 279850
H12,H14, 700 to 1000 to
Chequered Sheet RQ80
H16, H18 1400 4000 1.50 to 3.0 279350
of Alloy AA 8011
2 Standard 0.30 to 1.49 279850
H12,H14, 700 to 1000 to
Chequered Sheet RQ11
H16, H18 1400 4000 1.50 to 3.0 279350
of Alloy AA 1100
3 Standard 0.30 to 1.49 280350
H12, 14, 700 to 1000 to
Chequered Sheet RQ10
H16, H18 1400 4000 1.50 to 3.0 279850
of Alloy AA 1050
4 Standard 0.30 to 1.49 280800
H12,H14, 700 to 1000 to
Chequered Sheet RQ31
H16, H18 1400 4000 1.50 to 3.0 280300
of Alloy AA 3105
5 Standard 0.30 to 1.49 279850
H12,H14, 700 to 1000 to
Chequered Sheet RQ12
H16, H18 1400 4000 1.50 to 3.0 279350
of Alloy AA 1200
6 Standard 0.30 to 1.49
H12,H14, 700 to 1000 to
Chequered Sheet RQ03
H16, H18 1400 4000 1.50 to 3.0 280300
of Alloy AA 3003
ALUMINIUM ROLLED COIL & SHEET(Rs/MT)

Basic Price
Sl. Product Specifications
Description Ex-Works
No. Code Width Length Thickness
Temper w.e.f.
(in mm) (in mm) (in mm) 11.10.2024
Standard 0, H12, H14, 0.30 to 1.49 244350
RC80 180 to
1 Coil of Alloy H16, H18, H22,
1600 273850
AA 8011 H24, H26, H28 1.50 to 3.0
Standard 0, H12, H14, 0.30 to 1.49 244350
RC11 180 to
2 Coil of Alloy H16, H18, H22,
1600 273850
AA 1100 H24, H26, H28 1,50 to 3.0
Standard 0, H12, H14, 0.30 to 1.49 274850
RC10 180 to
3 Coil of Alloy H16, H18, H22,
1600 274350
AA 1050 H24, H26, H28 1.50 to 3.0
Standard 0, H12, H14, 0.30 to 1.49 275300
RC31 180 to
4 Coil of Alloy H16, H18, H22,
1600 274800
AA 3105 H24, H26, H28 1.50 to 3.0
Standard 0, H12, H14, 0.30 to 1.49 274350
RC12 180 to
5 Coil of Alloy H16, H18, H22,
1600 273850
AA 1200 H24, H26, H28 1.50 to 3.0
Standard 0, H12, H14, 0.30 to 1.49 275300
RC03 180 to
6 Coil of Alloy H16, H18, H22,
1600 274800
AA 3003 H24, H26, H28 1.50 to 3.0
Cookware
Sheet of 600 to 1000 to
7 RS80 0 1.50 to 3.0 275900
Alloy 1600 4000
AA8011
Standard 0.30 to 1.49 275350
Sheet of RS80 H12, H14, H16, 600 to 1000 to
8 Alloy AA H18, H22, H24, 1600 4000
8011 H26 1.50 to 3.0 274850
Standard 0.30 to 1.49 275350
Sheet of RS11 H12, H14, H16, 600 to 1000 to
9 Alloy AA H18, H22, H24, 1600 4000
1100 H26 1.50 to 3.0 274850
Standard 0.30 to 1.49 275850
Sheet of RS10 H12, H14, H16, 600 to 1000 to
10 Alloy AA H18, H22, H24, 1600 4000
1050 H26 1.50 to 3.0 275350
Standard 0.30 to 1.49 276300
Sheet of RS31 H12, H14, H16, 600 to 1000 to
11 Alloy AA H18, H22, H24, 1600 4000
3105 H26 1.50 to 3.0 275800
Standard 0.30 to 1.49 275350
Sheet of RS12 H12, H14, H16, 600 to 1000 to
12 Alloy AA H18, H22, H24, 1600 4000
1200 H26 1.50 to 3.0 274850
Standard 0.30 to 1.49 276300
Sheet of RS03 H12, H14, H16, 600 to 1000 to
13 Alloy AA H18, H22, H24, 1600 4000
3003 H26 1.50 to 3.0 275800

Details specification as per Standard Products of NALCO.


All the above prices are inclusive of Packing charges, for NALCO’s Standard Packing
MCX Prices
SPOT PRICES (23/10/2024)
Metal Unit Location Price (Rs)
ALUMINIUM 1KG Raipur NA
COPPER 1KG Thane NA
LEAD 1KG Chennai NA
ZINC 1KG Thane NA

FUTURE PRICES (23/10/2024)


Metal Expiry Date Unit Price (Rs)
ALUMINIUM 1 KGS -
COPPER 31-Oct.’24 1 KGS 815.45
LEAD 1 KGS -
ZINC 1 KGS -

International Non Ferrous Metal Prices

NON-FERROUS CASH OFFER OFFICIAL SETTLEMENT PRICES, DAY DELAYED (US$)


23rd October, 2024

Aluminium Alloy Aluminium Copper Lead Zinc Nickel


2241.00 2609.00 9490.50 2051.00 3152.00 16310.00

LME OFFICIAL PRICES, NON-FERROUS 3-MONTH CLOSING PRICES (US$ Per Tonne) 23rd October, 2024

Aluminium Alloy Aluminium Copper Lead Zinc Nickel


2255.00 2633.50 9583.00 2069.00 3137.50 16316.00

LME MINOR METAL PRICES, US$ PER TONNE FOR OCTOBER 2024

Disclaimer

In order to ensure the reliability and authenticity of the Metal Price Monitor, EEPC India has taken
maximum care that the information(s) presented in this publication is nearly as accurate as the
information(s) available with the various sources where from the said information(s) have been
taken. In case of any inaccuracy or discrepancy that may emerge before the user, the concerned
source whose names are mentioned therein should be contacted. The contact details of those
sources are also available with us. EEPC India is only committed to ensure that information
provided in this publication is authentic and reliable, but cannot be held responsible and/or liable
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make any remedial corrections, without any consultations of the users, so as to provide full utility
of this publication

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