Author: Drishya Yadav

India: Aluminium ADC12 ingot prices edge down m-o-m amid softening in scrap market

Aug 7, 2024

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by

Drishya Yadav

in Aluminium, Non Ferrous

Aluminium ADC12 prices were recorded at INR 219,000/t ex Delhi, a decrease of INR 2,000/t m-o-m, as per BigMint assessment. In Chennai prices were recorded at INR 218,000/t, a drop of INR 1,000/t m-o-m. However, bids are INR 3,000-4,000/t lower. Better availability and a drop in scrap prices have led to a decrease in the…