Tag: Alloy Sector Slowdown
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India: Imported aluminium scrap prices fall w-o-w amid lower demand, scheduled maintenance
Aluminium scrap prices in India have remained on downtrend w-o-w. According to BigMint’s assessment, Tense scrap price from the US were down by $50/t to $1,920/t while taint tabor prices (USA, HRB-3%) were at $2,025/t after correcting $50/t. 3-M LME aluminium prices at the time of reporting was down 5.1% w-o-w at around $2,785/t. Additionally,…