India: Aluminium scrap prices remain range bound

  • SteelMint assessment of aluminium scrap prices (of all grades) remained range bound today due to limited trade activities in the market. Tense scrap prices are assessed at INR 150,000/t exy-Delhi on 14 July, a marginal fall of INR 1,000/t d-o-d.
  • The closing price of LME three-month aluminium futures stood at $2,355/t on 13 July, down by $5/t d-o-d while cash prices decreased by $15/t to $2,343/t d-o-d on the last trading day.

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