India: Aluminium scrap import prices move sideways

Aluminium scrap import prices witnessed a minor divergence following marginal fluctuation of LME prices over the last few days. Buyers and sellers are in wait and watch mode for a stable price range. Overseas scrap export prices are volatile, and demand declined in China. Middle East aluminium scrap tense (5-6%) offers are at $2,065-2,085/t and Taint Tabor clean briquette at $2,450-2,470/t CIF Nhava Sheva.


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