Tag: US tense scrap prices
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India: Imported aluminium scrap prices remain range-bound w-o-w
Trade slows on currency depreciation, market uncertainty GST reforms expected to boost automotive ADC12 demand India’s imported aluminium scrap prices remained range-bound w-o-w, following largely stable prices on the London Metal Exchange (LME). Scrap trade was sluggish through the week, pressured by currency fluctuations and elevated market uncertainty. Buying sentiment remained weak, though participants anticipate…