24 JULY 2026BIGMINT

India: Imported aluminium scrap prices increase W-o-W; LME aluminium edges up

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India: Imported aluminium scrap prices increase W-o-W; LME aluminium edges up

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India's imported aluminium scrap prices increased w-o-w, supported by slightly stronger LME aluminium prices. According to BigMint's latest assessment for CFR Nhava Sheva deliveries, UK-origin zorba 95-5 scrap prices rose by USD 15/t w-o-w to USD 2,700 per tonne, while

LME aluminium edges up W-o-W

Three-month aluminium prices on the London Metal Exchange (LME) traded slightly higher w-o-w, closing at USD 3,175/t on 21 July against USD 3,167.5/t on 14 July, up by USD 7.5 per tonne, or 0.2 per cent W-o-W. Meanwhile, LME aluminium inventories declined by 4,825 t, or 1.7 per cent W-o-W, to 279,775 tonnes on 21 July from 284,600 tonnes on 14 July.

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