Tag: festive impact on market

Aluminium tense scrap prices edged up d-o-d to INR 175,000/t ex-Delhi. LME futures increased to $2,517/t, reflecting a 1.8% rise from the previous close of $2,471/t. Despite the price increase, local market activity remained subdued due to ongoing festive celebrations. However, trade activities are expected to pick up in the near term when demand strengthens…