Category: Non Ferrous

Elevated freight costs weigh on imported scrap trade Seasonal demand recovery may support prices in near term India’s imported aluminium scrap prices mostly declined w-o-w, despite firmer LME aluminium prices, as cautious buying outweighed support from relatively tight scrap availability. According to BigMint’s latest assessment for CFR Nhava Sheva deliveries, US-origin Tense 6-7% scrap prices…