India: Aluminium scrap market remains range-bound

In India’s aluminium scrap market, prices remained range-bound towards the starting of the week with slight shortage of Tense scrap seen in the market. Tense scrap prices reached INR 165,500/t, while utensil scrap stood at INR 167,500/t ex-Delhi. LME future prices fell slightly by 0.7% to $2,218/t at the time of reporting.