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Imported and domestic aluminium scrap prices rise w-o-w amid tightening LME supply

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Update time : 2025-12-10 20:23:29
India's imported aluminium scrap prices saw an uptrend week-on-week in the week ended 9 December, following an increase in prices on the London Metal Exchange (LME). BigMint assessed UAE-origin Tense (8-9 per cent) at USD 1,930 per tonne, up by USD 5 per tonne w-o-w, while US-origin Tense (6-7 per cent) remained unchanged at USD 2,000 per tonne.

UK-origin Zorba 95 per 5 was assessed at USD 2,275 per tonne, rising USD 15 per tonne w-o-w, whereas US-origin Taint Tabor HRB (3 per cent) increased by USD 5 per tonne to USD 2,215 per tonne. Meanwhile, UAE-origin Extrusion 6063 climbed USD 25 per tonne to USD 2,660 per tonne, and UK-origin Wheel rose USD 30 per tonne to USD 2,670 per tonne w-o-w.

LME prices increase w-o-w; inventories fall

At the close on 8 December, LME aluminium prices stood at USD 2,897 per tonne, rising by USD 13 per tonne from USD 2,884 per tonne recorded on 1 December. Meanwhile, inventories at LME-registered warehouses declined to 525,800 tonne, down 12,100 tonne from 537,900 tonne a week earlier, reflecting tightening supply conditions.

Aluminium prices on the LME moved higher w-o-w as tightening supply aligned with firmer demand signals. The market gained strength through the week, supported by steady upward momentum. Inventories posted minor declines, reinforcing concerns about limited near-term availability. Supply remained constrained by capacity limits at Chinese smelters, lower exchange stocks, and global production disruptions, while demand sentiment improved on the back of stronger import flows into China and healthy export activity earlier in the year. Together, these factors lifted market confidence and supported the overall rise in aluminium prices.

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