Tag: aluminium supply risks
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India: Imported aluminium scrap prices rise w-o-w on LME gains; buying remains cautions
Supply risks support LME tags despite stock inflows Strong demand supports Extrusion scrap prices in Delhi India’s imported aluminium scrap prices trended upward w-o-w, supported by gains in London Metal Exchange (LME) benchmarks. BigMint assessed UAE-origin Tense scrap at $1,930/tonne (t), up $5/t w-o-w, while US-origin Taint Tabor HRB (2-3%) rose by $30/t to $2,230/t.…