Tag: BigMint’s assessment

India: Imported aluminium scrap prices edge up tracking futures

Aug 27, 2024

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by

Drishya Yadav

in Aluminium, Non Ferrous

Imported aluminium scrap prices in India drifted up w-o-w amid the rise in LME prices. Prices of all grades inched up by up to 6% this week amidst resumed purchase enquiries. Meanwhile, the three-month LME aluminium prices hovered at $2,540-2,550/t up 2.3% w-o-w. Stocks at LME-registered warehouses stood at 870,950 t. Aluminium prices continue to…