Prices of aluminium (non-OEM) ADC12 alloyed ingots remained stable w-o-w across northern and southern India, driven by sluggish demand in the automotive sector, with year-end holidays affecting market activity. BigMint’s weekly assessments placed ADC12 at INR 202,000/t (Delhi) and INR 203,000/t (Chennai). Additionally, India’s export offers for Japan dropped to $2,380/t, with expectations of a market pick-up after mid-Jan’25.
India: Aluminium ADC12 non-OEM prices hold firm w-o-w as demand softens ahead of year-end
aluminium ADC12 aluminium alloyed ingots aluminium export offers aluminium market slowdown Aluminium Market Trends aluminium price stability Aluminium prices aluminium producers aluminium sales managers automotive diecasting automotive purchase managers automotive sector demand diecasting industry India aluminium industry India aluminium market India: Aluminium ADC12 non-OEM prices hold steady w-o-w amid weak demand and year-end slowdown Japan aluminium export non-OEM aluminium year-end slowdown
Leave a Reply