India: Aluminium scrap prices stable for second consecutive day

India’s domestic aluminium scrap prices remained stable for the second consecutive day on 21 Feb’23. Prices of tense grade were at INR 162,000/t ($1,956/t) and utensil grade at INR 172,000/t ($2,078/t). Prices are exy and excluding GST. Transactions were moderate owing to less buying interest despite an increase in LME futures by 3% today to $2,457/t.


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