Tag: Chinese smelter capacity limits

Domestic scrap prices firm across major grades Year-end slowdown weakens scrap buying activity India’s imported aluminium scrap prices saw an uptrend w-o-w in the week ended 9 December, following an increase in prices on the London Metal Exchange (LME). BigMint assessed UAE-origin Tense (8-9%) at $1,930/t, up by $5/t w-o-w, while US-origin Tense (6-7%) remained…