Author: Abhishek Bhalla
-

India: Aluminium scrap prices contracted despite rebound exchange prices
Aluminium scrap prices remained upset over the last couple of days amid high volatile exchange prices since last week. However, the market observed slight improvements today in LME and MCX exchanges, whereas SHFE’s future prices were marginally down today. Further, most of the sellers have halted their offers in anticipation of an improved price cycle…