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

  • Aluminium tense scrap prices continued to be stable d-o-d at INR 175,000/t ex-Delhi, while LME futures were constant at $2,530/t. Trades of extrusion mix scrap were heard to have concluded at INR 195,000/t ex-Delhi.
  • Meanwhile, local market prices remained range-bound due to weak demand in the semi-finished sector, which has limited aggressive purchasing and applied downward pressure on prices.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *