Indian aluminium scrap prices remain stable

Aluminium scrap prices remain stable even as futures edged up by 0.47% to $2,337/t at the time of reporting. Tense scrap prices stood at INR 160,000/t ($1,943/t), extrusion at INR 176,000/t ($2,137/t), and utensil at INR 170,000/t ($2,065/t), all exy-Delhi. Meanwhile, transactions were moderate. However, any price revision by the primary players may impact scrap prices in the near term, sources indicated.


Comments

Leave a Reply

Your email address will not be published.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