Imported aluminium scrap prices in India remained rangebound with slight downfall in prices w-o-w. Although buying interest was weak, bid-offer disparity was seen despite rangebound levels in LME aluminium prices. BigMint’s benchmark assessment for tense scrap originating from the UAE was at $1,770/t, slightly lower w-o-w, and for zorba 95/5 from the UK at $2,070/t, both […]
Aluminium
Weekly round-up: Global, domestic base metals markets witness positive trends
At the close of trading on Friday, 27 September 2024, base metals prices on the London Metal Exchange (LME) showed positive trends barring copper. Nickel recorded the largest gain in terms of prices, increasing by 5.86%. Meanwhile, LME warehouse stocks exhibited negative trends, except nickel which rose 1.26%. On the LME, three-month aluminium futures increased […]