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India aluminium scrap prices remain flat; aluminium futures down 1.3 percent
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<p>Major aluminium scrap commodities prices in India remained flat on the Scrap Register Price Index as on Tuesday, while aluminium futures prices at Multi Commodity Exchange ended down as China increases production in the third quarter.</p>
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<p>India's major aluminium scrap commodities like aluminium accessories scrap, aluminium cable scrap , aluminium ingots, aluminium rod company, aluminium rod local, aluminium scrap 6063, aluminium scrap taint/tabor, aluminium sheet cutting, aluminium utensil scrap and aluminium wire scrap remained stable on the Scrap Register Price Index as on Tuesday.</p>
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<p>The most active May aluminium contract on Multi Commodity Exchange settled down by 1.31% Rs. 124.30 per kilogram on Tuesday from previous close of 125.95 per kilogram. The MXC aluminium prices touched an intra-day high of Rs. 126.35 per kilogram and an intra-day low of Rs. 123.60 per kilogram during Tuesday.</p>
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