Tag: wheel scrap shortage global

India: Imported aluminium scrap prices decline w-o-w tracking LME softness, supply constraints

Mar 24, 2026

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by

Aditi Sen

in Aluminium, Non Ferrous

Tight supply and weak demand keep market cautious Wheel scrap shortage deepens supply concerns India’s imported aluminium scrap prices recorded a week-on-week decline as of 24 March 2026, tracking weakness in London Metal Exchange trends amid ongoing geopolitical tensions, which have tightened global supply conditions. As per market assessment for CFR Nhava Sheva deliveries, UK-origin…