Prices of aluminium (non-OEM) ADC12 alloyed ingots remained stable w-o-w across northern and southern India, driven by sluggish demand and nil market activity amid the New Year’s Day holidays. BigMint’s weekly assessments placed ADC12 at INR 202,000/t (Delhi) and INR 203,000/t (Chennai), with expectations of a market pick-up after mid-Jan’25.
India: Aluminium ADC12 prices hold firm w-o-w as market slows ahead of New Year’s Day
ADC12 alloyed ingots aluminium ADC12 prices aluminium demand India Aluminium Market Outlook aluminium market slowdown aluminium price forecast aluminium price stability aluminium prices Chennai aluminium prices Delhi aluminium prices India BigMint weekly assessments India aluminium market India aluminium market update New Year market activity non-OEM aluminium prices sluggish demand aluminium
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