- India’s domestic aluminium scrap prices continued to remain stable despite a marginal 0.9% drop in LME futures at the time of reporting.
- Prices of tense grade were at INR 161,000/t ($1,956/t) and utensils grade at INR 172,000/t ($2,090/t), both ex-yard and excluding GST.
- Scrap prices were unaffected by the price cut in semis by primary player Hindalco.
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