India: Aluminium scrap prices slide d-o-d

Aluminium scrap prices saw a downtick d-o-d in today’s trading session, SteelMint assessment shows. Prices were under pressure owing to limited semi-finished steel demand along with a healthy inflow of tense scrap. Better availability of scrap prompted sellers to short-sell the material to maintain liquidity flow. In addition, weakened futures at the exchange also weighed on prices.


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