Tag: BigMint’s assessment
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India: Imported aluminium scrap prices continue to decline w-o-w
India has seen a decline in imported aluminium scrap prices w-o-w today, on range-bound LME prices. Prices for all grades have fallen by up to 1.6% this week, leading to market uncertainty and a cautious approach among market participants. Meanwhile, three-month LME aluminium prices hovered at $2,225-2,250/t, range-bound w-o-w. Stocks at LME-registered warehouses stood at…