Aluminium scrap import prices move sideways amid exchange price fluctuations

Aluminium scrap prices drifted sideways as LME futures prices fluctuated on a weekly basis, SteelMint assessment shows. Weekly exchange prices saw a general downturn except for a slight recovery in the last couple of days. Operational costs remain at elevated levels due to continuous currency depreciation amid limited capacity utilisation, which may push importers towards procurement of local material of common grades.


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