Tag: LME aluminium inventories
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India: Imported aluminium scrap prices rise w-o-w; domestic scrap supply tightness persists
Imported buying remains need-based Domestic scrap stays firm on shortages India’s imported aluminium scrap prices gained w-o-w aligning with the rise seen on LME. Meanwhile, domestic scrap prices held firm amid tight domestic supply. BigMint assessed Middle East-origin Tense (8-9%) at $1,990/tonne (t), up $25/t w-o-w, whereas Extrusion 6063 edged up by $25/t to $2,890/t,…