India: Aluminium scrap prices remain largely stable d-o-d

SteelMint assessment’s of aluminium scrap prices (of most grades) remained range bound with marginal changes of INR 1,000/t d-o-d. According to trade participants, buying for tense scrap was subdued amid the slow movement of semi-finished material. As per buyers, there is less possibility of a price hike in the near-term.