Author: Drishya Yadav
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India: Aluminium ADC12 prices remain range-bound despite high raw material costs
Aluminium ADC12 alloy ingot (automobile equivalent) spot prices increased marginally by INR 1,000/t to INR 208,000/t w-o-w exw Delhi, excluding GST. This price rise was largely attributed to constraint casting scrap supply in the northern and southern regions which is parallelly aligned with strengthening prices from the overseas market. Presently, tense offers in Chennai stand…