India: Aluminium scrap prices continue to rise

  • India’s domestic aluminium scrap prices (of all grades except utensil) increased d-o-d today.
  • Prices of tense grade stood at INR 168,000/t, extrusion at INR 182,000/t and utensil at INR 176,000/t, all exy-Delhi.
  • However, the price cut by primary players by INR 9,250/t today did not reflect in local prices. Sources believe that there is still material shortage in the market.

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