India: Aluminium scrap import prices climb up w-o-w; UAE port activity hit by US-Iran conflict
India's imported aluminium scrap prices recorded a sharp week-over-week rise as of 10 March 2026, supported by gains in prices on the London Metal Exchange and ongoing geopolitical tensions, while domestic Tense scrap prices also remained firm amid tight local supply conditions.
As per BigMint's assessment for CFR Nhava Sheva deliveries, US-origin Taint Tabor HRB 2-3 per cent scrap increased by USD130 per tonne w-o-w to USD2,580 per tonne, while UK-origin Wheel scrap rose by USD140 per tonne w-o-w to USD3,190 per tonne, reflecting continued firmness in imported aluminium scrap prices.
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