India: Aluminium tense scrap prices fall by INR 2,000/t on limited transactions

Aluminium tense scrap prices fell by INR 2,000/t as buying enquiries dried up amid price contractions at major exchanges. Trade channels, largely buyers, are holding their bids and only securing immediate requirements for the near term to ensure smooth production. Sellers are trying to offload their holding stocks to match trade dynamics. Aluminium tense scrap prices are assessed at INR 176,000/t exy Delhi, excluding GST.


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