Aluminium scrap prices remained stable for most of the grades except extrusion, which fell by INR 2,000/t d-o-d. Trader sources said that near-term prices are likely to remain rangebound. However, frequent changes in LME three-month prices have impacted buying interest in the domestic market. Further, a few traders have held back offers as previous import bookings are not viable to be concluded at the moment.
Leave a Reply