Tag: aluminium scrap price decline

Tight supply meets subdued buying interest Soft demand limits imported scrap deals India’s imported aluminium scrap prices declined sharply w-o-w, tracking continued weakness in LME aluminium prices and subdued buying activity. According to BigMint’s latest assessment for CFR Nhava Sheva deliveries, UK-origin zorba 95-5 scrap prices fell by $80/t w-o-w to $2,885/t, while US-origin tense…