Tag: LME cash price.
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India: Imported aluminium scrap prices show divergent trends
India’s imported aluminium scrap prices have remained volatile this week amid a marginal drop in LME aluminium prices. Moreover, the European market remained far less active owing to the ongoing summer break. Meanwhile, three-month LME aluminium prices were at $2,440/t, down 0.5% w-o-w. Stocks at LME-registered warehouses stood at 970,725 t, down 2% w-o-w. According…