Tag: aluminium market supply constraints

India: Imported aluminium scrap prices edge up w-o-w following rise in LME levels, China’s export tax rebate cut

Nov 19, 2024

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by

Drishya Yadav

in Aluminium, Aluminium, Non Ferrous, Non Ferrous

LME prices rise to 6-month high on China announcement Demand picks up in India; higher offers, robust trade seen Imported aluminium scrap prices in India edged higher by up to 1.7% w-o-w. BigMint’s benchmark assessment for tense scrap originating from the UAE stood at $1,800/tonne (t), up by $30/t w-o-w, while, zorba 95/5 from the…