Imported aluminium scrap prices into India remained stable on subdued demand during the holidays, with silent market activity and almost nil bids. Market participants opted for a wait-and-watch approach. BigMint’s assessment of Tense scrap from the UAE was $1,800/t, while Zorba 95/5 from the UK stood at $2,110/t, both CFR west coast India, which remained stable w-o-w.
India: Imported aluminium scrap prices show stability despite holiday market lull
Aluminium Market Trends aluminium scrap bids aluminium scrap demand aluminium scrap market aluminium scrap pricing aluminium scrap supply and demand CFR West Coast India global aluminium scrap prices Imported aluminium scrap prices india aluminium scrap market participants scrap trade activity silent market activity Tense scrap UAE week-on-week price stability year-end aluminium scrap prices Zorba 95/5 UK
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