India: Aluminium scrap prices fall on measured buying

Domestic aluminium scrap prices weakened marginally by INR 1,000-3,000/t d-o-d today, as per SteelMint’s assessment. Price cuts by primary aluminium producers and subdued buying enquiries in the domestic market made buyers cautious which could be a concerning factor. In line with the trend, futures and spot prices at major exchanges also drifted down d-o-d, reliable sources informed SteelMint.


Comments

Leave a Reply

Your email address will not be published.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