Author: Drishya Yadav
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India: Aluminium scrap prices remain rangebound d-o-d
Aluminium scrap prices remained rangebound today amid mixed sentiments and high volatility of LME futures and spot trends. Earlier in the day, future prices contracted by 1.5% but a minor recovery was seen towards the closing of the trading session. Market participants are expecting that the bottom level of tense scrap prices at INR 140,000/t…