Author: Abhishek Bhalla
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India: Aluminium alloy ingots prices correct w-o-w
Aluminium alloy ingots ADC12 prices decreased by INR 4,000/t on a weekly basis to INR 205,000/t exw-Faridabad, excluding GST, SteelMint assessment shows. Market participants witnessed offer-bid disparity and limited buying enquiries from past few weeks amid volatility in the raw material prices with tense scrap mostly stable w-o-w while ADC12 prices falling by INR 4,000/t.