Aluminium tense scrap prices dropped marginally by INR 2,000/t to INR 178,000/t exy Delhi, excluding GST on decreasing LME 3-months contract prices. LME aluminium prices sharply corrected by more than $100/t d-o-d to $3,365/t against $3,483/t in the previous closing. However, a few trade participants expect that the market may stabilise after reaching $3,250-3,300/t levels.
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