India: Imported aluminium scrap prices see marginal uptick w-o-w

India’s imported aluminium scrap prices saw a marginal rise, amid a raw material shortage in the domestic market. BigMint’s assessment of UAE-origin Tense scrap was at $1,835/t, up $5/t w-o-w, while Zorba 95/5 from the UK stood at $2,090/t, CFR west coast India. Additionally, trades were heard from Australia for Tense 2% at $2,015/t, Talk at 54% LME, and wheels at LME-$175/t CIF Chennai.