Author: Aditi Sen

Tight wheels availability limits downside despite weaker demand Limited offers emerge as sellers remain price-sensitive India’s imported aluminium scrap prices declined w-o-w, in line with the correction in LME aluminium prices. According to BigMint’s latest assessment for CFR Nhava Sheva deliveries, US-origin tense 6-7% scrap prices fell by $50/t w-o-w to $2,520/t from $2,570/t. Meanwhile,…