India: Aluminium scrap prices remain stable

Aluminium scrap prices in India remained stable d-o-d even as LME three-month futures rose by 1.06% to $2,290/t at the time of reporting. Tense scrap prices stood at INR 161,000/t ($1,948/t), extrusion at INR 176,000/t ($2,130/t), and utensil grade at INR 170,000/t ($2,057/t) exy Delhi. Trader sources shared that despite regular trade, minor changes are expected following altered market dynamics on volatile futures.


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