India: Major automaker’s ADC12 settlement prices hit 3-year high in Jun’25

A major Indian automaker has raised its ADC12 settlement prices by INR 5,850/t m-o-m to INR 226,750/t for Jun’25, a 3-year peak, last seen in May’22. The increase is driven by strong imported aluminium scrap prices and lower aluminium alloy imports. Consequently, the scrap-to-ADC12 spread in Jun’25 narrowed by INR 4,150/t m-o-m to INR 31,000-32,000/t due to an increase in tense scrap prices.