Aluminium Scrap Widens to India; Copper Holds Steady into Turkey

Aluminium Scrap Widens to India; Copper Holds Steady into Turkey

Aluminium UBC (used beverage cans) spreads into India have widened to a gross margin of approximately 12.8% today, with landed costs settling around $2,040/MT. This represents one of the stronger spreads in the secondary aluminium complex this week, driven by steady demand from Indian remelters and stable collection flows across German and Central European supply points.

The confidence level on this corridor sits at 0.78, indicating reliable execution data and consistent counterparty activity. Traders and recyclers monitoring this route should note that logistics costs remain stable, and no significant port congestion has been reported at Indian discharge points.

In parallel, copper millberry scrap flowing from Poland into Turkey continues to hold at a gross margin of 5.0%, with landed costs near $8,575/MT. While narrower than aluminium spreads, this corridor maintains steady two-way flow and a confidence score of 0.72. Turkish smelter demand has remained consistent, and no supply disruptions have emerged in the Poland-to-Turkey logistics chain.

• Aluminium UBC (Germany → India): 12.8% gross margin, ~$260/MT, landed ~$2,040/MT, confidence 0.78
• Copper Millberry (Poland → Turkey): 5.0% gross margin, ~$425/MT, landed ~$8,575/MT, confidence 0.72

Both spreads reflect net landed costs inclusive of freight, insurance, duties, and handling. Market participants should conduct their own due diligence on counterparty credit, local regulations, and final settlement terms. Spreads are indicative and subject to real-time commodity price moves, FX fluctuations, and logistics availability.

The wider aluminium spread reflects current market structure but carries no guarantee of replicability or execution. Traders should monitor currency pairs (EUR/INR, EUR/TRY) and LME/SHFE futures for directional signals before committing capital.

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ArbiTrade provides market intelligence and coordination only. It does not execute trades, hold funds, act as a counterparty, or guarantee pricing, execution, or profit. This article is general commentary, not investment, legal, or trading advice. Conduct independent diligence before transacting.