Tag: Aluminium scrap prices
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India’s imported aluminium scrap prices edge higher tracking LME uptrend
Imported aluminium scrap prices in India experienced a slight increase, supported by the upward trend in LME futures prices. At the time of reporting, the three-month LME price was approximately at $2,460/t, reflecting a 3.4% increase compared to the previous week’s $2,380/t. Stocks were recorded at 533,150 t, showing a 3.3% decrease w-o-w. According to…