India: Aluminium scrap prices inch down d-o-d

  • India’s domestic aluminium scrap prices edged lower d-o-d today as market players have shown limited interest due to falling futures and constant price declines by primary producers.
  • Prices of tense grade scrap were at INR 164,000/t ($1,979/t) and utensil grade at INR 172,000/t ($2,075/t), both exy and excluding GST.
  • Aluminium ingots ADC12 prices remained firm w-o-w at INR 200,000/t exw-Faridabad.

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