Tag: aluminium price fixation losses

Firm LME prices, bid-offer gaps slow down trade Market expected to recover after Diwali festival India’s imported aluminium scrap prices saw mixed trends w-o-w, though London Metal Exchange (LME) benchmarks witnessed positive movements. BigMint assessed UAE-origin Tense scrap at $1,940/tonne (t), up by $10/t w-o-w, while US-origin Taint Tabor HRB (2-3%) remained stable at $2,250/t.…