India: Aluminium scrap tense prices rebound

Aluminium scrap tense prices improved slightly by INR 1,000/t to INR 174,000/t ($2,273/t) exy-Delhi on hike in futures prices at LME, SHFE, and, MCX by 1% today. However, trade participants said that the payment cycle is yet to improve in the new financial year. The near-term price range is likely to remain stable.


Comments

Leave a Reply

Your email address will not be published.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