Author: Abhishek Bhalla

Aluminium scrap prices contracted on falling MCX prices by close to INR 10,000/t today. The market saw low volume of transactions and buyers were expecting offers to correct marginally but sellers were bullish amid global supply tightness and refrained from lowering offers sharply. Aluminium tense scrap prices are assessed at INR 169,000/t ($2,209/t), exy Delhi,…