Author: Drishya Yadav
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India: Aluminium scrap prices stable d-o-d
India’s domestic aluminium scrap prices continued to remain stable despite a marginal 0.9% drop in LME futures at the time of reporting. Prices of tense grade were at INR 161,000/t ($1,956/t) and utensils grade at INR 172,000/t ($2,090/t), both ex-yard and excluding GST. Scrap prices were unaffected by the price cut in semis by primary…