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

India’s domestic aluminium scrap prices remained steady d-o-d today. Current prices-

• Tense scrap: INR 167,000/t ($2,018/t)
• Utensil grade: INR 175,000/t ($2,115/t)
• Extrusion grade: INR 180,000/t ($2,175/t).
• All prices are ex-Delhi.

There has been no effect of the price cut by primary producers in domestic prices. Also, a decrease in prices on MCX led to limited activity in the market.