India: Aluminium scrap prices remain range-bound

Aluminium scrap prices remained range-bound today. Tense prices were at INR 186,500/t ex-Delhi. LME futures were at $2,550/t. Easing of supply tightness reverted domestic prices. In the imported segment, aluminium TT HRB 2% Australia origin was traded at $2,025/t CIF Mundra and South America-origin Tense 5% was traded at $2,050/t CIF. Extrusion deals were heard at 92% of LME price from Australia to Chennai.