Author: Abhishek Bhalla
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India: Aluminium scrap prices slip tracking fall in exchange prices
Aluminium scrap prices moved down by up to INR 3,000/t following a decrease in exchange prices, SteelMint understands. Market sentiments weakened after the news of the US consumer price index touching over a four-decade high, resulting in a fall in commodity prices. Further, market participants expect that the inflation rate may go up in case…