India: Imported aluminium scrap prices gain on strong LME, buyers adopt wait-and-watch approach

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India's imported aluminium scrap prices rose in the week ended 6 January, supported by selective buying and stronger global aluminium sentiment. BigMint assessed Middle East-origin Tense (8-9 per cent) at USD 1,940 per tonne, up USD 10 per tonne w-o-w, while Middle East-origin Extrusion 6063 jumped USD 115 per tonne to USD 2,785per tonne, led by improved interest in higher-grade material.

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Meanwhile, UK-origin Zorba 95 per 5 increased by USD 60 per tonne to USD 2,380per tonne, and US-origin Tense (6-7 per cent) rose USD 20 per tonne to USD 2,045per tonne. Prices of US-origin Taint Tabor HRB (3 per cent) climbed USD 40 per tonne to USD 2,305 per tonne, while UK-origin Wheel scrap gained USD 35 per tonne to USD 2,710 per tonne. Overall, the market remained firm, with gains across most grades amid cautious but steady buying interest.

LME aluminium climbs sharply as stocks edge lower

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Last updated on : 07 JANUARY 2026