Tag: India: Imported aluminium scrap offers inch up on rising LME aluminium prices

Bauxite shortages in Aus, Guinea tighten alumina supply Weak demand affects alloy manufacturers’ operations Imported aluminium scrap offers in India rose by up to 3.5% w-o-w. Although buying interest was weak, offers increased due to the rise in LME aluminium prices. BigMint’s benchmark assessment for tense scrap originating from the UAE was at $1,790/t, up…