Tag: Europe metal shortage

India: Imported aluminium scrap tags fall w-o-w amid decline in LME prices

Jan 7, 2025

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by

Manya Dewangan

in Aluminium, Non Ferrous

Market pick-up expected this week LME tags drop 2% w-o-w to $2,507/t Imported aluminium scrap prices in India dropped by up to 2.5% w-o-w, mirroring a decline in London Metal Exchange (LME) levels. However, certain scrap grades held firm w-o-w amid reports of supply shortages. BigMint’s benchmark assessment for Tense scrap originating from the UAE…