Tag: weak rupee impact metals

Aluminium scrap imports drop 16% y-o-y in Q1CY’26. Will India face tighter supplies in Q2?

May 12, 2026

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by

Aditi Sen

in Aluminium, Non Ferrous

Weak rupee and LME prices raise costs Supply constraints expected to persist into Q2 Domestic recyclers face rising raw material pressures Morning Brief: India’s aluminium scrap imports declined by 16% y-o-y to 0.35 mnt in Q1CY’26, down from 0.42 mnt in the corresponding period last year. The country remains heavily dependent on imports, with nearly…