Tag: weak downstream demand

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…