Author: Drishya Yadav
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India’s aluminium ADC12 spot prices rise by INR 3,000/t as scrap rises w-o-w
BigMint’s assessment of spot prices of aluminium ADC12 alloy ingot saw a rise of INR 3,000/tonne (t) to INR 215,000/t w-o-w exw-Delhi NCR. Notably, tense scrap prices were at INR 188,000/t ex-Delhi, marking a weekly increase of 2.7%. Market sources indicated that tense offers in Chennai are hovering at INR 186,000/t-187,000, with spot prices of…