Tag: aluminium prices outlook
-

India: Imported aluminium scrap prices post weekly gains despite LME downtrend
Imported aluminium scrap prices in India drifted higher w-o-w despite a drop in LME aluminium prices. Meanwhile, transactional activities remained on the lower side due to significant bid-offer disparities seen in the market. Meanwhile, the three-month LME aluminium prices hovered at $2,400-$2,410/t, down 5% w-o-w. Stocks at LME-registered warehouses stood at 847,425 t. Notably, according…