India: Aluminium scrap prices edge up

Aluminium scrap prices edged up d-o-d to INR 177,000/t ex-Delhi. LME futures are at $2,533/t. Demand in the domestic market has remained positive, although trading activities remained slow today due to Janmashtami holiday. In the imported segment, a container of TT HRB 2% from the EU was heard traded at $1,950/t. Middle East aluminium extrusion stood at $2,330-2,350/t CFR West coast.


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