Daily Aluminum Roundup: India, LME Prices Drop, China Scrap Up

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Dropping 1.0 percent, the cash price of primary Indian aluminum was the biggest mover on Thursday, September 12.

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On the LME, the cash price of primary aluminum declined 0.2 percent to $1,756 per metric ton. The 3-month price of aluminum saw a 0.1 percent decline on the LME to $1,805 per metric ton.

Chinese aluminum prices were mixed for the day. The price of Chinese aluminum scrap increased 0.1 percent. Chinese aluminum billet held its value yesterday. For the fifth day in a row, the price of Chinese aluminum bar remained essentially flat. The cash price of Chinese aluminum held steady on Thursday as well.

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