India’s aluminium scrap prices remained stable d-o-d amid moderate transactions even as futures upped by 0.65% to $2,341/t at the reporting time. Tense scrap prices stood at INR 161,000/t ($1,948/t), extrusion at INR 176,000/t ($2,130/t), and utensil at INR 170,000/t ($2,057/t), all exy-Delhi. Scrap prices have had no impact of the price hike by primary players – Hindalco and Balco, SteelMint observes.
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