Tag: scrap market recovery
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India: Imported aluminium scrap prices rise w-o-w even as some grades witness tight supply
Tight supply of US-origin scrap drives sourcing from alternative sources Strong competition among buyers keeps imported scrap market active Imported aluminium scrap prices in India witnessed an uptrend w-o-w, with fluctuations of up to 1.7%, amid recovery demand post new year holidays. Amid a rise in London Metal Exchange (LME) aluminium prices, certain scrap grades…