India: Aluminium scrap prices remain firm d-o-d

  • India’s domestic aluminium scrap prices remained unchanged today. Buying enquiries were low as market players have adopted a wait-and-watch mode.
  • Tense scrap prices stood at INR 165,000/t ($1,995/t), utensil grade at INR 173,000/t ($2,093/t) and extrusion grade at INR 180,000/t ($2,177/t). Prices are exy and excluding GST.
  • Aluminium futures on the LME increased by 0.5% to $2,426/t in today’s session.

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