India: Aluminium scrap prices remain stable

  • Aluminium scrap (of all grades) prices saw firm levels today against the previous day, SteelMint’s assessment shows.
  • Meanwhile, tense scrap prices were assessed at INR 148,000/t exy-Delhi, while extrusion prices were assessed at INR 185,000/t exy-Delhi.
  • Notably, its the ninth consecutive day for stability in tense prices despite a positive move in LME futures by 1.38% and currently is at $2,416/t in today’s trading session, SteelMint observed.

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