Author: Drishya Yadav
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India: Aluminium scrap prices inch down on limited enquiry
India’s domestic aluminium scrap prices fell by up to 1.2% today on low buying enquiries and lessening future contracts on LME. Tense scrap prices stood at INR 165,000/t ($1,995/t), utensil grade at INR 173,000/t ($2,093/t) and extrusion grade at INR 180,000/t ($2,177/t). Some scrap sellers restrained their offers and opted wait & watch mode on…