Cash Price of Primary Indian Aluminum Drops 3.5%

On Thursday, March 6, the Indian aluminum cash price fell by 3.5 percent, making it the day’s biggest mover. The cash price of primary aluminum climbed 3.2 percent on the LME to $1,741 per metric ton. At $1,786, the 3-month price of aluminum finished the market day on the LME up 3.1 percent.

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Chinese aluminum prices were flat for the day. The price of Chinese aluminum scrap was unchanged. For the fifth day in a row, the price of Chinese aluminum billet remained essentially flat. The price of Chinese aluminum bar remained essentially flat. The Chinese aluminum cash price held steady.

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