Tag: aluminium scrap supply shortage
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India: Imported aluminium scrap falls w-o-w on LME correction; domestic market stays supported amid tight supply
Suppliers delayed revised price announcements Market adopted cautious wait-and-see approach India’s imported aluminium scrap prices fell w-o-w aligning with the correction seen on LME. Meanwhile, domestic scrap prices held largely steady amid tight domestic supply. BigMint assessed Middle East-origin Tense (8-9%) at $1,965/tonne (t), down $35/t w-o-w, whereas Extrusion 6063 edged down by $35/t to…