Summary: In the Indian domestic market, aluminum futures on the MCX have surged to record territory, trading above ₹320/kg. This rally is driven by a “persistent domestic premium” as local supply remains tight. With strong demand from India’s power and construction sectors, coupled with limited scrap availability, manufacturers are increasingly relying on costlier primary metal to fulfill extrusion orders. Source:The Economic Times – India Aluminum Rally

Article Link :

https://economictimes.indiatimes.com