India: Major automaker hikes ADC12 settlement price for Apr’25, hitting 8-month high

A leading automaker has set its ADC12 settlement price for Apr’25 at INR 218,300/t, up INR 6,190/t m-o-m, the highest in eight months. The surge is driven by rising imported aluminium scrap prices amid tight supply. Market insiders anticipate a further rise in ADC12 prices, potentially squeezing manufacturers’ profit margins to INR 35,000-36,000/t, down by nearly INR 1,000/t m-o-m.