Author: Abhishek Bhalla
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India: Aluminium scrap prices narrowed on bearish sentiments
Aluminium scrap prices drifted down by up to INR 3,000/t ($39/t) on falling exchange prices by around a 3% d-o-d basis. Although the future exchange price level contracted more than 3% during the early trade session but later on recovered slightly. Neither firm offers nor firm bids were there in the market today amid an…