Tag: procurement pressures
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India: Imported aluminium scrap prices move up w-o-w amid supply shortages
LME aluminium prices increase by 3% w-o-w Supply from Middle East tightens amid Ramadan India’s imported aluminium scrap prices increased by up to $70-80/t w-o-w amid shortages of premium grades in the market. BigMint’s benchmark assessment for Tense scrap originating from the US was at $1,950/tonne (t), increasing by $50/t w-o-w, while Wheels from the…