Author: Aditi Sen
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India: Imported aluminium scrap prices increase w-o-w; LME aluminium edges up
Cautious buying limits imported scrap trades Weak demand likely to cap further price gains India’s imported aluminium scrap prices increased w-o-w, supported by slightly stronger LME aluminium prices. According to BigMint’s latest assessment for CFR Nhava Sheva deliveries, UK-origin zorba 95-5 scrap prices rose by $15/t w-o-w to $2,700/t, while LME aluminium edges up w-o-w…