Tag: tense scrap prices
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India: Imported aluminium scrap prices soften w-o-w amid weak LME, festive lull
Aluminium scrap prices fell on weak LME cues Domestic Tense scrap prices remained largely unchanged India’s imported aluminium scrap prices declined by $30-40/t w-o-w, primarily due to a downward trend in London Metal Exchange (LME) prices. Despite strong demand and ongoing supply constraints, prices continued to fall as subdued trading activity during the festive week…