Tag: india domestic vs imported scrap

Trade slows amid tight cash flow, cheaper domestic scrap Wide bid-offer gaps of $30-50/t seen for imported material India’s imported aluminium scrap prices saw an increase of $40-50/tonne (t) w-o-w, following an uptrend in the London Metal Exchange (LME) prices. LME aluminium prices climbed up to around $2,700/t, marking a six-month high, last seen in March.…