India: Aluminium scrap prices remain range-bound

Aluminium scrap prices remained mostly stable on a d-o-d basis. There were offers/bids disparities among trade participants. While sporadic deals have been heard so far during the trade session, these could not be confirmed. The price disparities were influenced by continuous fluctuations on major exchanges like LME, SHFE and MCX. Trade channels may resume regular procurements when futures’ volatility decreases.


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