Domestic aluminium tense scrap prices increased by INR 5,000/t on the back multi-year high prices on the LME. However, market participants are in wait and watch mode and no trades have been heard so far till in this publishing window. Further, the market observed tentative offers and bids that varied widely. Prices for aluminium tense scrap are at INR 182,000/t exw Delhi, excluding GST.
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