India: Aluminium scrap prices rise w-o-w despite moderate trading

India’s domestic aluminium scrap prices saw an uptick by up to 2.3% today w-o-w. Tense scrap prices reached INR 183,000/t, while utensil scrap stood at INR 176,000/t ex-Delhi.However, sources shared that prices are revolving on premiums looking at the futures prices, and trades at these level seems less, buyers opted wait- and-watch mode to prices to stablise.