India: Aluminium scrap prices fluctuate as LME prices remain unstable

Aluminium scrap prices witnessed variations in the domestic market influenced by substantial changes in LME. There is a wide gap in bids of around INR 5,000-7,000/t. Trade participants observed limited transactions and are treading cautiously amidst unstable sentiments over the last few days. Prices for aluminium tense scrap are at INR 181,000/t exw Delhi, excluding GST.


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