India: Aluminium scrap prices fall by up to INR 2,000/t

Aluminium scrap prices fell by up to INR 2,000/t d-o-d on 26 Apr’22. Aluminium tense scrap prices are at INR 172,000/t ($2,247/t), while extrusion prices stood at INR 203,000/t ($2,652/t) exy Delhi, excluding GST. High fluctuation in LME prices as well as in other exchanges and limited transactions drove prices lower. One-month futures prices of aluminium ingots on MCX climbed 1.3% to 260,300/t ($3,400/t) today.


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