Author: Aditi Sen

Lower LME and scrap prices pressure ADC12 Comfortable OEM inventories limit fresh ADC12 purchases India’s leading automaker reduced its ADC12 settlement price by INR 32,600/t to INR 317,000/t for August 2026, from INR 349,600/t in July, marking a sharp 9.3% m-o-m correction and the third price correction after consistent increases since the beginning of 2026.…