Author: Drishya Yadav
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India: Aluminium ADC12 prices rise w-o-w amid rising raw material costs
Aluminium ADC12 alloy ingot automobile equivalent spot prices rose by INR 7,000/t w-o-w to INR 197,000/t. This uptick is largely attributed to the surge in both local and imported tense scrap prices as per BigMint’s assessment. India’s largest automobile manufacturer and the price settler in the domestic aluminium alloy ingot space, announced its monthly aluminium…