Tag: aluminium scrap buying activity
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India: Aluminium scrap prices remain rangebound as year-end seasonality slows buying
Stable LME, soft demand weigh on scrap activity Aluminium scrap trade awaits post-year-end revival India’s imported aluminium scrap prices were mixed in the week ended 16 December, amid largely stable LME prices, with selective gains and declines across key grades. BigMint assessed Middle East-origin Tense (8-9%) at $1,930/t, unchanged w-o-w, while US-origin Tense (6-7%) also…