Tag: India aluminum scrap market
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India: Imported aluminium scrap prices rise w-o-w following recovery in futures
Imported aluminium scrap prices in India witnessed an uptrend w-o-w, with fluctuations of up to 2.7%. Amid demand recovery and a rise in London Metal Exchange (LME) aluminium prices, certain scrap grades reported supply shortages. BigMint’s benchmark assessment for Tense scrap originating from the US stood at $1,830/tonne (t), stable w-o-w, while wheels from the…