Delhi Metal Market Rates Today – 24 July 2025 | Copper, Brass, Aluminum & More -

COPPER

Type	Rate (₹/kg)
Cc	980
Sd	908
Zero	900
Scrap	858 (808+)
CcR 16SWG	940 (878+)

ALUMINUM

Type	Rate (₹/kg)
Company (WIE/20)	274+
Local	252+ / 272
Ingot	259+
Wire Scrap	239
Bartan	209
Purja (Imp)	197 / 201

BRASS

Type	Rate (₹/kg)
Purja	522+ / 557
Honey	559+ / 589
Chadri	537+ / 572

GUN METAL

Type	Rate (₹/kg)
Local	647
Mix	657
Jalandhar	677

LEAD

Type	Rate (₹/kg)
Soft	182+ / 200
Hard	202+ / 220
Bt B/W	98.5 / 118

NICKEL

Type	Rate (₹/kg)
Russian	1365+ / 1425
Norway	1370+ / 1430

ZINC

Type	Rate (₹/kg)
Ingot (HZ)	277+ / 295
Dross	225+ / 244
Tukda	222+ / 242
PMI	242+ / 262

IRON & STEEL

Type	Rate (₹/ton)
MS Ingot	40300
MS Scrap New	32100
MS Scrap	28600
Billet	40400
Sponge Iron Mandi	29200
Sponge Iron Bellari	26000
Cast Iron Local	34200
Cast Iron Imported	34700

STAINLESS STEEL (SS)

Type	Rate (₹/kg)
Local Mix	58 / 59+
SS 202	57+
SS 304	109 / 110 / 116 (Plate Cutting)
SS 310	300
SS 316	209 / 223 (Plate Cutting)

LME / MCX – JULY

Metal	Rate (₹)
Copper (C)	9938-52 / 900.2
Aluminium (A)	2658-0.1 / 255.2
Nickel (N)	15595 – 200
Zinc (Z)	2865 – 3 / 271.2
Lead (L)	2036 – 24 / 180.3
Tin (T)	35030 + 170
Gold (GD)	3364.4 / 98631
Silver (SL)	39.1 / 115240
CR	66.1 / 5719
Dollar (D)	86.39

1. Copper (Cu)

Uses: Widely used in electrical wiring, cables, motors, and electronics due to excellent conductivity.
Types in Market: CC Rod, SD, Zero, Scrap, CcR (16 SWG), etc.
Demand Drivers: Power infrastructure, electric vehicles, construction.
Note: Copper scrap recycling is a major industry due to high reuse value.

2. Aluminum (Al)

Uses: Found in construction, automotive parts, electrical transmission lines, kitchenware.
Advantages: Lightweight, corrosion-resistant, recyclable.
Forms in Market: Ingot, wire scrap, bartan scrap, company grade.
Note: India imports a large portion of aluminum despite having reserves.

3. Brass (Copper + Zinc Alloy)

Uses: Plumbing, electrical fittings, musical instruments, decoration.
Types in Market: Purja, Honey, Chadri, Jamnagar Honey Gulf/Europe, etc.
Note: Brass scrap is often imported from the Gulf/UK for reprocessing in India.

4. Zinc (Zn)

Uses: Galvanization of steel, batteries, die-casting alloys.
Forms in Market: Ingot (HZ), dross, tukda, PMI.
Note: Zinc prevents rusting and is vital for the automobile industry.

5. Lead (Pb)

Uses: Batteries (especially inverters and automobiles), pigments, cable sheathing.
Types: Soft, Hard, Bt Black/White.
Hazard: Toxic in nature; safe handling is crucial.

🟣6. Nickel (Ni)

Uses: Stainless steel production, batteries (especially in electric vehicles), plating.
Market Types: Russian, Norway (graded by origin).
Note: Nickel is highly volatile due to its link with global EV production.

7. Tin (Sn)

Uses: Soldering, coating for food cans, electronics.
Major Importers: Indonesia is one of the top exporters to India.
Note: Tin is soft and used in small amounts but has high value.

8. Stainless Steel (SS)

Uses: Utensils, architecture, surgical tools, industrial pipelines.
Grades: 202, 304, 310, 316 – based on corrosion resistance and strength.
Cutting Types: Plate cutting material usually has higher value.

Bonus Info: How Prices Are Determined

LME (London Metal Exchange): Global benchmark for non-ferrous metal prices.
MCX (Multi Commodity Exchange): Indian exchange where metal futures are traded.
Supply & Demand: Prices fluctuate due to global supply chains, mining output, and geopolitical tensions.

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