Tag: domestic scrap market trends
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India grapples with falling imported aluminium scrap prices amid multi-month lows in LME prices
India has seen a notable decline in imported aluminium scrap prices w-o-w, attributed to a decrease in LME aluminium prices. Prices for all grades have fallen by up to 6% this week, leading to market uncertainty and a cautious approach among market participants. In addition, the Indian market experienced reduced activity following the presentation of…