Tag: BigMint’s assessment

India: Imported aluminium scrap prices move up w-o-w post-holiday week, LME surge

Aug 20, 2024

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by

Drishya Yadav

in Aluminium, Non Ferrous

Imported aluminium scrap prices in India moved up w-o-w amid the rebound in LME prices. Prices of all grades were up by up to $70/tonne (t) this week amidst resumed purchase enquiries after a long holiday week. Meanwhile, the three-month LME aluminium prices hovered at $2,470-2,480/t up 6% w-o-w. Stocks at LME-registered warehouses stood at…