India: Aluminium scrap prices mostly remain stable

Aluminium scrap prices continue to hover within a tight range over the last week, whereas, tense scrap witnessed the same prices for close to two weeks, SteelMint assessment shows. Trade channels shared the common factors behind firm prices are the market lacks adequate demand and only sporadic contracts for small tonnages were reportedly concluded during that session owing to limited production utilisation, particularly in the northern region, SteelMint learned.