Author: Deepika Singh
-

India: Imported aluminium scrap prices fall despite declining stocks
Imported aluminium scrap prices have corrected downward in line with futures contracts on the London Metal Exchange (LME). However, registered warehouse stocks in LME were recorded lower by 21,925 t to 559,375 t during the past week. Trade participants, mostly overseas sellers, shared that Indian bids are not aligned much considering market dynamics and negligible…