India: Aluminium tense scrap prices remain largely stable

Aluminium tense scrap prices remained stable for the third consecutive day despite lowering LME inventory levels through the registered warehouse and evolving three-month futures contract prices. Traders are wary about the near-term outlook amid limited buying enquiries in the market. Aluminium tense scrap prices are assessed at INR 175,000/t exy Delhi, excluding GST.


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