Author: Drishya Yadav
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India’s imported aluminium scrap prices remain supported despite correction in futures
Imported aluminium scrap prices in the Indian market displayed supportive levels despite a minor contraction in LME prices. The three-month LME price was around $2,250/t, a marginal fall of $15/t w-o-w, Stocks were recorded at 568,525 t, down by 1.2% w-o-w making nominal variation in LME prices. According to assessments by BigMint, aluminium imported scrap…