Aluminium scrap prices largely remained range-bound today despite lessening exchange prices at LME and MCX. However, SHFE prices marginally improved for Jul’22 contracts, SteelMint assessment shows. The reason could have attributed to the range-bound price level are inadequate market demand over the last few days and nominal trades have been notified, whereas, sellers are not broadly interested to sell their material with lower realisation, shared by specific traders.
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