India: Aluminium scrap prices remain range-bound

Aluminium scrap prices remained range-bound today. Tense prices and trades were at INR 182,000/t ex-Delhi. LME futures were at $2,507/t. Easing of imported supply tightness reverted imported and domestic prices. In the imported segment, Europe-origin alternator starter heard offered around $1,900/t CIF Mundra. UAE tense 8-9% – offers were heard at $1,850/t CFR Mundra.


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