Author: Drishya Yadav

Aluminium ADC12 alloy ingot (automobile equivalent) spot prices rose by INR 3,500/t w-o-w to INR 202,000/t exw Delhi, excluding GST. The uptick is largely attributed to the surge in local Tense scrap prices amid shortage in north as well as south India, as per BigMint’s assessment. Why surge in costs? In the north Indian market,…