India: Aluminium tense scrap prices fall by INR 1,000/t ($13/t)

Aluminium scrap (all grades) prices fell by upto INR 4,000/t ($52/t) d-o-d on 4 May’22. Aluminium tense scrap prices are at INR 167,000/t ($2,187/t), while extrusion prices stood at INR 195,000/t ($2,554/t) exy Delhi, excluding GST. Falling LME prices drove scrap prices lower. One-month futures prices of aluminium ingots on MCX remained almost stable at INR 244,550/t today.


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