India: Aluminium scrap prices move up marginally

  • India’s domestic aluminium scrap prices (of all grades) showed an uptick today.
  • Prices of tense grade stood at INR 163,000/t, extrusion at INR 178,000/t and utensil at INR 174,000/t, all exy-Delhi.
  • The price hike by primary players has not fully reflected in scrap prices till now.
  • On the supply side, the availability of tense scrap is still tight.

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