Author: Abhishek Bhalla
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India: Aluminium scrap prices move sideways
Aluminium scrap prices witnessed a slight variation of INR 1,000/t d-o-d, SteelMint assessment shows. Expectations of trade channels diverged in line with volatile sentiments due to LME’s futures and spot price swings. A few trader sources see prices remaining supported on better automobile sales in India and China. However, other market participants are expecting prices…