India: Aluminium scrap prices decrease marginally d-o-d

India’s domestic aluminium scrap prices saw a marginal decline d-o-d today. Current prices-

• Tense scrap: INR 167,000/t ($2,019/t)
• Utensil grade: INR 175,000/t ($2,115/t)
• Extrusion grade: INR 180,000/t ($2,176/t)
• All prices are ex-Delhi.

The global market is not supportive at present. This coupled with a fall in LME aluminium prices (by 2%) in today’s session weighed on domestic prices.