Tag: aluminium scrap trading activity
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India: Imported aluminium scrap prices soften w-o-w amid weaker demand and LME correction
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…