India: Aluminium scrap prices range bound d-o-d

Aluminium scrap prices remained range bound as most market players mainly traders and sellers were inactive amid the festive mood. However, this did not have much impact on buyers as they have sufficient stock with them. Trade activity is expected to resume within 2-3 days. Sources anticipate that near-term prices are likely to see minor correction amid slow offtake of aluminium alloy ingots.


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