India: Aluminium scrap prices fall up to INR 2,000/t amid limited transactions

Aluminium scrap prices have witnessed a constant correction since the middle of last week amid limited buying enquiries. Most market players have adequate material on hand and are waiting before resuming regular buying. However, a few sellers kept offers low on declining exchange prices. Trader sources expect prices to correct further in the near term. Aluminium tense scrap prices are assessed at INR 164,000/t ($2,123/t) exy Delhi, excluding GST.


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