India: Imported aluminium scrap prices hold steady w-o-w amid slow trade activities

Imported aluminium scrap prices in India remained firm w-o-w, amid tepid demand towards the year-end. BigMint’s benchmark assessment for Tense scrap originating from the UAE stood at $1,800/t, while Zorba 95/5 from the UK was at $2,110/t, both stable w-o-w and on CFR west coast, India, basis. Additionally, UK-origin Zorba trade 95/5 levels were heard at $2,100/t CFR Nhava Sheva.