India: Aluminium scrap prices move sideways

Aluminium scrap prices remained mostly rangebound across grades on a d-o-d basis, SteelMint assessment shows. Some deals were heard concluded but couldn’t be confirmed till the time of publishing this assessment. Market participants expect that near-term prices are likely to hover around existing levels without any major downward correction. Aluminium scrap tense prices are assessed at INR 165,000/t exy-Delhi, excluding GST.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *