India: Aluminium scrap prices mostly flat d-o-d

Domestic aluminium scrap prices (for most grades) remained rangebound with nominal changes of INR 1,000/t d-o-d. Buying of tense scrap was subdued in today’s session amid slow trade and lack of future bookings of semi-finished material. A few trade participants restrained their offers, especially for utensils, amid the upcoming festive season and expectation of better realisation in the near term.


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