Author: Drishya Yadav
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India: Aluminium ADC12 prices continue to rise on higher raw material costs
Aluminium ADC12 alloy ingot (automobile equivalent) spot prices increased by INR 2,000/t to INR 207,000/t w-o-w exw Delhi, excluding GST. This rise was observed amid an increase in local tense scrap prices in both north and south India where shortages continue to be a significant concern, according to BigMint assessment. Presently, tense offers in Chennai…